The Cost of Using a Long-Term Asset (Such as a Vehicle)that

question 66

Multiple Choice

The cost of using a long-term asset (such as a vehicle) that will be used in a business for several years is spread over the asset's useful life.Its annual allocated cost appears on the income statement as a(n) _____ expense.

• A)receivable
• B)inventory
• C)depreciation
• D)variable

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Definitions:

Collectivism

A cultural value that emphasizes the importance of groups and collective action over individual interests or identities.

Big Five Personality Dimensions

Five broad domains that define human personality and account for individual differences: Openness, Conscientiousness, Extraversion, Agreeableness, and Neuroticism.

Agreeableness

A personality trait characterized by warmth, kindness, and a cooperative or sympathetic attitude towards others.

Big Five Personality Dimensions

A model describing human personality through five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.