Depreciation is an outflow of cash from the use of a plant asset. O measures the decline in market value of an asset. O measures physical deterioration of an asset. O is the process of allocating to expense the cost of a plant asset. QUESTION 5 Having different employees order product, bill customers, receive payments, record them and reconcile the bank statement, will diminish internal control. O only be advisable if the employees have more than 5 years of experience. O not affect internal control. enhance internal control. QUESTION 6 Company X decides a customer's account receivable is uncollectible and writes it off. What effect will this write-off have on Company X's net income and total assets, assuming the allowance method is used to account for bad debts? O Decrease in net income; no effect on total assets. Decrease in net income; decrease in total assets. O No effect on net income; decrease in total assets. O No effect on net income; no effect on total assets