Which of the Following Accounting Principles Best Justifies Accelerated Depreciation

question 213

Multiple Choice

Which of the following accounting principles best justifies accelerated depreciation accounting?

• A) Materiality
• B) Matching
• C) Cost-benefit
• D) Conservatism

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Definitions:

Units

Basic quantities or measures adopted to quantify and express variables in a particular field or for specific goods.

Marginal Rate of Substitution

The rate at which a consumer is willing to give up one good in exchange for another good, while maintaining the same level of utility.

Good Y

A generic term used to denote a particular good or product in economic models.

Units

Refers to a measurement or quantity of something, often used in the context of production, sales, or inventory in various industries.