A Minerals Luster Is Produced by Its Ability to Transmit

question 54

True/False

A minerals luster is produced by its ability to transmit light.Opaque minerals always have a metallic luster because they do not transmit any light.

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Definitions:

Constant Percentage

A fixed percentage rate applied in various financial calculations, such as depreciation or interest computation.

Double Diminishing-Balance

A method of accelerated depreciation that doubles the standard depreciation rate.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting the decrease in value due to wear and tear, age, or obsolescence.

Double Diminishing-Balance

A method of accelerated depreciation which calculates depreciation at twice the rate of the straight-line depreciation method on the remaining book value each year.