IMILIE CU Ratio Web Sell M Gmail Saved Help ideos 9 Required information Knowledge Check 01 Match the term and the definition. Ailocale using measure of input or output Allocate according to the passage of time Amount expected to be received at end of asset's service life, less any anticipated disposal costs Capitalized cost minus estimated residual value 3. 4 Activity-based methods Depreciable base 5 Estimated use that the company expects to receive from the asset Residual value Service life Prev NG of 17 Next Saved Help Sove & Required information (The following information applies to the questions displayed below.) The use of property, plant, and equipment and intangible assets represents a consumption of benefits, or service potentials, inherent in the assets. The cost of these inherent benefits or service potentials should be recognized as an expense over the periods they help to produce revenues. As there very seldom is a direct relationship between the use of assets and revenue production. accounting resorts to arbitrary methods to allocate these costs over the periods of their use. 1 Videos Saved Help Save & Exit Required information Knowledge Check 01 Match the term and the definition 1 2 3. Allocate using measure of input or output Allocate according to the passage of time Amount expected to be received at end of asset's service life, less any anticipated disposal costs Capitalized cost minus estimated residual value Estimated use that the company expects to receive from the asset 4 5