The Expected Cash Value of an Asset at the End

question 4

Multiple Choice

The expected cash value of an asset at the end of its useful life is known as ________.

• A)book value
• B)residual value
• C)carrying value
• D)market value

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Definitions:

Incentive

A factor that inspires or prompts a person to act or behave in a specified manner.

Physiological Needs

Fundamental human necessities, such as food, water, shelter, and warmth, that must be satisfied for survival.

Safety

The condition of being protected from or unlikely to cause danger, risk, or injury.

Esteem

The respect, admiration, or high regard that an individual is held in by others or themselves; often relates to one's reputation or standing within a community.