Match each of the following terms with its definition by placing the corresponding letter in the space provided next to the definition.

a. Additions and improvements g. Franchise

b. Amortization h. Goodwill

c. Book value i. Impairment

d. Capital expenditures j. Ordinary repairs

e. Copyright k. Research and development costs

f. Depreciable cost l. Trademark

____ 1. An exclusive right granted by the federal government allowing the owner to reproduce and sell an artistic or published work

____ 2. The value of all favorable attributes related to a business enterprise when it is sold

____ 3. A permanent decline in the market value of an asset

____ 4. The process of allocating to expense the cost of an intangible asset

____ 5. The cost of a plant asset less its salvage value.

____ 6. Costs incurred to increase the operating efficiency, productive capacity, or expected useful life

____ 7. Expenditures that increase the companys investment in plant assets