Algae

question 28

Multiple Choice

Algae

• A)often grow in areas where other forms of life may have difficulty.
• B)are strictly macroscopic organisms.
• C)have a vascular system similar to plants.
• D)are only found in the soil.

---

Definitions:

Straight-Line Method

A method of calculating depreciation of an asset, which assumes the asset will lose an equal amount of value each year over its useful life.

Residual Value

The estimated value that an asset will have at the end of its useful life, also known as salvage value.

Gain Or Loss

The difference between the selling price and the purchase price of an asset, resulting in a financial profit or loss.

Disposal Of Equipment

The process of selling, scrapping, or eliminating machinery or equipment that is no longer needed.