The Term Used to Describe the Allocation of the Cost

question 67

Multiple Choice

The term used to describe the allocation of the cost of an intangible asset to the periods it benefits is

• A)depletion.
• B)apportionment.
• C)amortization.
• D)depreciation.

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Definitions:

Unemployment Rate

The fraction of the labor force currently without employment but searching for jobs.

Labor Force

The total number of people who are eligible, willing, and able to work, including both the employed and those actively seeking employment.

Adult Population

The segment of the population that is of working age and eligible for employment, typically considered 18 years and older.

Discouraged Worker

An individual who is not actively looking for employment due to believing that no jobs are available for them.