Depreciation Is the Accounting Term Used to Refer to

question 181

Multiple Choice

Depreciation is the accounting term used to refer to

• A)the periodic write-off of the acquisition cost of a tangible long-lived asset with a finite service life.
• B)the periodic write-off of the current fair market value of a tangible long-lived asset with a finite service life.
• C)the periodic write-off of the acquisition cost of an intangible long-lived asset with a finite service life.
• D)the periodic write-off of the current fair market value of a intangible long-lived asset with a finite service life.
• E)the periodic write-off of intangible assets.