Which of the Following Is NOT True About Accumulated Depreciation

question 8

Multiple Choice

Which of the following is NOT true about accumulated depreciation?

• A) Accountants try to allocate the asset's cost over its useful life.
• B) It captures the wear and tear of an intangible asset
• C) The matching principle allows depreciation costs to be expensed against the period in which the company benefited from the use of the asset.
• D) Tangible assets with unlimited life are not depreciated.

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Definitions:

Obsessive-compulsive Disorder

A mental disorder where people feel the need to check things repeatedly, perform certain routines, or have certain thoughts repeatedly.

Systematic Desensitization

A behavior therapy used to reduce clients’ anxiety responses through counterconditioning.

Unconditioned Stimulus

In classical conditioning, a stimulus that naturally and automatically triggers a response without prior learning.

Therapeutic Outcomes

The results or consequences of medical or psychological interventions, indicating the effectiveness or success of the treatment.