Which of the Following Is a Characteristic of Accumulated Depreciation

question 75

Multiple Choice

Which of the following is a characteristic of accumulated depreciation account?

• A) Accumulated depreciation represents cash reserved for asset replacement.
• B) Accumulated depreciation account is a contra-liability account.
• C) Accumulated depreciation may be disclosed in the notes to the income statement.
• D) Accumulated depreciation is reported on the balance sheet as a deduction from the cost of the asset.

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Definitions:

Persuasive Message

Communication designed to convince or influence the audience to adopt a particular attitude, perform an action, or adopt a belief.

Indirect Approach

A communication strategy that presents supporting details before the main point, often used to soften the impact of negative messages or to persuade.

Persuasive Messages

Communications designed to convince or influence the audience to adopt a specific viewpoint or take a particular action.

Substantial Action

Significant or meaningful steps taken to achieve a goal or implement a plan, often requiring considerable effort or resources.