Karma Is a Word Meaning

question 44

Multiple Choice

Karma is a word meaning

• A) the soul.
• B) release from earthly cycles.
• C) the uppermost caste in Hindu society.
• D) the tally of good and bad acts in a person's life.
• E) the code of morals for one's caste.

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Definitions:

Residual Value

The estimated value of an asset at the end of its useful life, relevant in depreciation calculations and lease contracts.

150%-Declining-Balance

A method of accelerated depreciation which computes depreciation expense at 150% of the straight-line rate.

Depreciation

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

Residual Value

The projected worth of an asset upon the completion of its lifespan.