The Length of Service That a Business Expects to Get

question 69

Multiple Choice

The length of service that a business expects to get from an asset as expressed in years, units of output, miles or other measures is the:

• A)depreciable cost.
• B)estimated useful life.
• C)salvage value.
• D)accelerated depreciation method.

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Definitions:

Similar Tasks

Tasks that share common characteristics, requirements, or objectives, making them comparable in nature.

Coordinate Efforts

To organize and align activities or tasks among individuals or groups for efficient and effective achievement of a common goal.

Virtual Teams

Groups of individuals who work across time, space, and organizational boundaries, collaborating mainly through electronic communications.

Organizational Boundaries

The defined edges that separate one organization from another and outline its scope, responsibilities, and operations.