Which of the Following Serves as the Justification for the Periodic

question 18

Multiple Choice

Which of the following serves as the justification for the periodic recording of depreciation expense?

• A) association of efforts (expense) with accomplishments (revenue)
• B) minimization of income tax liability
• C) immediate recognition of an expense
• D) systematic and rational allocation of cost over the periods benefited

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Definitions:

Sensory Neurons

Cells that transmit sensory information from the body's periphery to the central nervous system.

Snap Fingers

Snap Fingers refers to the action of creating a snapping sound with one's fingers, usually by quickly moving the thumb and middle finger together.

Forethought

The action of thinking about and planning for future events or tasks before they happen.

Postcentral Gyrus

The region of the cerebral cortex located just behind the central sulcus, primarily involved in processing somatosensory information.