_____ Is an Accounting Term That Refers to Charging a Portion

question 204

Multiple Choice

_____ is an accounting term that refers to charging a portion of a capital item's cost as a deduction against the company's annual revenue for purposes of determining its net income.

• A)Valuation
• B)Depreciation
• C)Accretion
• D)Depletion

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Definitions:

Grade Point Average

An average score that represents the cumulative performance of a student in their academic courses, calculated on a scale, often 0 to 4.0 or 5.0.

College Grades

The grading system used in higher education to measure and record students' academic performance.

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An economy that optimally allocates its resources, producing the maximum amount of goods and services possible from its input resources.

Consumers Demand

The desire of purchasers, consumers, or clients for a particular commodity or service supported by purchasing power.