What Is the Meaning of "Depreciable Amount

question 63

Multiple Choice

What is the meaning of "depreciable amount"?

• A)The estimated amount that an entity would currently obtain from disposal of the asset, after deducting disposal costs, for an asset of similar age and condition expected at the end of its useful life.
• B)The total amount to be expensed through depreciation.
• C)The systematic allocation of an asset's depreciable amount over its estimated useful life.
• D)The estimated period of time over which an asset is expected to be available for use by an entity.

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Definitions:

Metacontrast Principle

A phenomenon in social identity and group behavior, where contrast between in-group and out-group members is maximized in the perceivers' mind.

Extended Contact Effect

The reduction of prejudice through indirect relationships, wherein knowing a member of an in-group has a friends in an out-group can lead to more positive attitudes towards that out-group.

Ingroup Favouritism

Behaviour that favours one’s own group over other groups.

Generalisation

The act or process of forming conclusions based on broad patterns, observations, or experiences that apply beyond specific instances.