In Accounting, Depreciation Refers to The

question 122

Multiple Choice

In accounting, depreciation refers to the:

• A)method of spreading the cost of an asset over its useful life.
• B)method of declining the market value of an asset to its book value.
• C)method of estimation of an asset's current market value.
• D)process of sale of a used asset.

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Definitions:

Active Listening

The process of taking action to help someone say exactly what he or she really means or wants to communicate.

Paraphrasing

The act of rewording or restating text or speech using different words, often to achieve clearer understanding.

Responding to Feelings

The capacity to recognize, understand, and appropriately react to the emotions of others.

Constructive Feedback

Useful and positive criticism meant to help improve performance or behavior.