36. Match each of the following terms with the appropriate definitions. 1. An expenditure reported on the current income statement as an expense because it does not provide a material benefit in future periods. 2. The process of allocating the cost of natural resources to periods when they are consumed. 3. Certain nonphysical assets used in operations that confer on their owners long-term rights, privileges, or competitive advantages. 4. The amount by which the company's value exceeds the value of its individual assets and liabilities. 5. Expenditures made to keep a plant asset in normal, good operating condition. 6. A change in a financial statement amount that results from new information, subsequent developments, better insight, or improved judgment. 7. A method that yields larger depreciation expense during the early years of an asset's life and smaller expense in the later years. 8. A measure of a company's ability to use its assets to generate sales. 9. A depreciation method that charges a varying amount to expense for each period of an asset's useful life depending on its usage. 10. An expenditure to make a plant asset more efficient or productive