The Process of Transferring the Cost of an Asset to an Expense

question 121

Multiple Choice

The process of transferring the cost of an asset to an expense account is called all of the following except

• A) depletion
• B) allocation
• C) amortization
• D) depreciation

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The process or act of conceiving and giving birth to offspring.

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The act of being employed in a particular occupation or task for payment.

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