Match the Terms with the Definitions

question 44

Multiple Choice

Match the terms with the definitions.
-The expected market value of an asset at the end of 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

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Definitions:

Creep

The slow movement of soil or rock down a slope, driven by gravity.

Slither

To move smoothly over a surface with a continuous gliding motion, often applied to the movement of snakes or similar creatures.

Elastic Material

Elastic material is a substance able to return to its original shape after being stretched or compressed, exemplified by rubber.

Stored Energy

Refers to potential energy that is held within an object or substance, awaiting release to perform work or generate force.