What Accounting Principle Justifies Depreciating Certain Long-Term Assets

question 258

Multiple Choice

What accounting principle justifies depreciating certain long-term assets?

• A)the revenue principle
• B)the depreciation principle
• C)the cost-based principle
• D)the matching principle

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Definitions:

Interoceptors

Sensory receptors located within the body's internal organs that provide information about the internal environment.

Positive Feedback

A biological mechanism in which the end product of a process enhances or accelerates that process.

Proprioceptors

Sensory receptors located in muscles, tendons, and joints, providing information about body position and movement by detecting changes in muscle tension and joint activity.

Mechanoreceptors

Sensory receptors responsible for sensing mechanical pressure or distortion, involved in detecting touch, pressure, and sound.