1. Plant and equipment must NOT be: a. depreciated in accordance with generally accepted accounting principles b. depreciated using an accelerated method of calculating Depreciation Expense which results in higher depreciation expense than using the Straight-Line method c. depreciated such that the book value of the asset is less than the Salvage Value d. disposed of when the book value is greater than the estimated Salvage Value

2. For natural resources, such as mineral deposits, the total cost of that natural resource is a. charged (Debited) to Depletion Expense at the time the acquisition is made b. charged to Expense over the periods that benefit from the extraction of the natural resource c. charged to the Accumulated Depletion account at the time that the acquisition is made. d. Credited to the Accumulated Depletion account at the time the acquisition is made