Chapter 9 Homework Accelerated-depreciation method Copyright Depreciation Patent Straight-line method Additions and improvements Declining-balance method Goodwill Plant assets Trademark Amortization Depreciable cost Intangible assets Research & Development Costs Units-of-activity method 1. 2. A word, phrase, jingle, or symbol that distinguishes or identifies a particular enterprise or product A depreciation method in which companies expense an equal amount of depreciation for each year of the asset's useful life 3. An exclusive right granted by the federal government allowing the owner to reproduce and sell an artistic or published work 4. An exclusive right issued by the U.S. Patent Office that enables the recipient to manufacture, sell, or otherwise control an invention for a period of 20 years from the date of the grant 5. Resources that have physical substance, are used in the operations of the business, and are not intended for sale to customers 6. The process of allocating to expense the cost of an intangible asset 7. Process of allocating to expense the cost of a plant asset over its useful life in a rational and systematic manner 8. Costs incurred to increase the operating efficiency, productive capacity, or expected useful life of a plant asset 9. Expenditures that may lead to patents, copyrights, new processes, & new products; expensed as incurred 10. Depreciation method where useful life is expressed in terms of total units of production or use expected from the asset 11. The value of all favorable attribute that relate to a company that are not attributable to any other specific asset 12. A depreciation method that applies a constant rate to the declining book value of the asset and produces a decreasing annual depreciation expense over the asset's useful life 13. A depreciation method that produces higher depreciation expense in early years than the straight-line approach 14. Rights, privileges, and competitive advantages that result from the ownership of long-lived assets that do not possess physical substance 15. The cost of a plant asset less its salvage value