1. The term used for matching the cost of an intangible asset with the revenues generated through the use of the asset is:

a) depreciation

b) depletion

c) amortization

d) appraisal

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2. Cooper Company plans to depreciate a new building using double declining-balance depreciation. The building cost $800000. The estimated residual value of the building is $50000 and it has an expected useful life of 25 years. Assuming the first year's depreciation expense was recorded properly, what would be the amount of depreciation expense for the second year? a) 30, 720 b) 32000 c) 58880 d) 64000

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