Match the Terms with the Definitions

question 111

Multiple Choice

Match the terms with the definitions.
-A method of matching an asset's original cost against the revenues produced over its useful life.

• A)Adjusted Trial Balance columns
• B)Adjusting entries
• C)Balance Sheet columns
• D)book value
• E)contra-asset
• F)depreciable cost
• G)depreciation
• H)fiscal year
• I)historical cost principle
• J)Income Statement columns
• K)market value
• L)matching principle
• M)plant assets
• N)salvage value
• O)straight-line method
• P)undepreciated cost
• Q)useful life
• R)work sheet

---

Definitions:

External

Factors or influences that exist or happen outside of the organization and can impact its operations or performance.

Ownership

The state or fact of possessing something, such as a business or property.

Marketing

The process of creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.

Word Of Mouth

The passing of information from person to person through verbal communication, often considered a powerful marketing tool.