In Accounting,depreciation Is The

question 152

Multiple Choice

In accounting,depreciation is the:

• A) method of spreading the cost of an asset over its useful life.
• B) decline in market value of an asset.
• C) estimation of an asset's current value.
• D) sale of an asset.

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Definitions:

Line Drawing

An artistic technique involving making pictures or diagrams with lines on a surface to represent objects, scenes, or situations.

Gestalt Principle

A theory in psychology that proposes the human brain organizes visual elements into groups or unified wholes when certain principles are applied.

Symmetrical Figures

Shapes or forms where both halves are mirror images of each other, often found to be aesthetically pleasing.

Sensory Adaptation

The method through which sensory detectors reduce their sensitivity to unchanging stimuli as time progresses.