Ask Question
BusinessBusiness
16 November, 18:56

The term applied to the periodic expiration of a plant asset's cost is

+5
Answers (1)
  1. 16 November, 19:02
    0
    The term applied to the periodic expiration of a plant asset's cost over its life in a balanced and orderly way is depreciation. It is not process for valuation nor is process that results in gathering of cash. Land expenses are not subject to depreciation.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The term applied to the periodic expiration of a plant asset's cost is ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
For each account, identify whether the changes would be recorded as a debit (DR) or credit (CR). a. Increase to Accounts Receivable b. Decrease to Unearned Revenue c. Decrease to Cash d. Increase to Interest Expense e. Increase to Salaries Payable f.
Answers (2)
The president of the United States receives an annual salary of $400,000. Derek Jeter, shortstop for the New York Yankees, receives an annual salary of $23.2 million.
Answers (1)
A competitive strategy to be the low-cost provider in an industry works well a. when price competition among rival sellers is especially sluggish. b. there are numerous ways to achieve product differentiation that have no value to buyers. c.
Answers (1)
As part of the firm's strategy to become recognized as a leader in green computing, the organization wants to begin migrating to more energy efficient computing devices.
Answers (1)
Vandalay Industries is an established company in a mature industry. They currently pay an annual dividend of $2.50 per share and expect to continue to do so indefinitely.
Answers (1)
New Questions in Business
Indirect costs are traced to cost objects. Cost drivers are used to allocate indirect costs to cost objects. An allocation rate is calculated by dividing the allocation base by the total cost to be allocated.
Answers (1)
What is the process of optimizing the contributions of people from different cultures in the workplace
Answers (1)
Which of the following groups on the Insert tab contain the command to add WordArt to a publication? Illustrations Text Links Header & Footer
Answers (1)
Avicorp has a $10 million debt issue outstanding, with a 6% coupon rate. The debt has semiannual coupons, the next coupon is due in six months, and the debt matures in five years. It is currently priced at 95% of par value. a.
Answers (1)
In the United States, you can own anything you want and decide what you want to do with it, as long as it does not violate the law. This describes the principle of
Answers (1)
Home » Business » The term applied to the periodic expiration of a plant asset's cost is
Sign Up Forgot Password?