What Executive Branch Department Was Most Recently Created

question 77

Multiple Choice

What executive branch department was most recently created?

• A)the Department of Health and Human Services
• B)the Department of Transportation
• C)the Department of Homeland Security
• D)the Department of Labor

---

Definitions:

Straight-Line Depreciation

A method of accounting in which an asset's cost is evenly distributed over its useful life to represent its consumption.

Depreciable Cost

The total cost of an asset that is subject to depreciation over its useful life, excluding any salvage value.

Depreciation Expense

The amount of depreciation charged in the income statement, representing the cost allocated for the use of fixed assets during an accounting period.

Estimated Useful Life

The expected period over which a fixed asset is projected to be usable by a business, affecting its depreciation calculation.