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Match Each Definition with the Correct Term

question 72

Multiple Choice

Match each definition with the correct term.
-acetabulum


Definitions:

Depreciation

A method of allocating the cost of a tangible or physical asset over its useful life.

Sales

The activity or business of selling goods or services.

Minimum Bid Price

The lowest price at which a seller is willing to sell an asset in an auction or market.

Capital Cost Allowance (CCA)

A tax deduction in Canada that allows businesses to claim a depreciation expense for the use of certain types of property.

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