Salvage Value Is

question 142

Multiple Choice

Salvage value is:

• A) A factor relevant to amortizing an intangible asset with an indefinite life.
• B) A factor relevant to determining depreciation under MACRS.
• C) An estimate of the asset's value at the end of its benefit period.
• D) A factor relevant to determining depreciation that cannot be revised during an asset's useful life.
• E) Not a factor relevant to determining depletion.

---

Definitions:

Diaphragm

A dome-shaped, muscular partition separating the thorax from the abdomen in mammals, playing a major role in breathing.

External Intercostals

Muscles located between the ribs that assist with the mechanics of breathing by elevating the ribcage.

Gastrocnemius

A major calf muscle that plays a crucial role in walking, running, and jumping, flexing the leg at the knee and foot.