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Matching Questions: 1. Listed below are five terms followed by a list of phrases that describe or characterize five of the terms. Match each phrase
Matching Questions: 1. Listed below are five terms followed by a list of phrases that describe or characterize five of the terms. Match each phrase with the correct term by placing the letter designating the best term in the space provided by the phrase Can be expressed in units of time or in units of activity Cost Residual Value (at end of useful life) The systematic approach used for allocation Cost allocation for plant and equipment Estimates service life in units of output 2 Allocation Base 3 Allocation Met Activity-based method Depreciation 2. Listed below are five terms followed by a list of phrases that describe or characterize five of the terms. Match each phrase with the correct term by placing the letter designating the best term in the space provided by the phrase ime-based met 2 Accelerated methods imates service life in years timate of recoverable cost at Cost less residual value Result in more depreciation in the early years of an asset's life Cost allocation for an intangible asset of an asset's life epreciable base Amortization 3. Listed below are five terms followed by a list of phrases that describe or characterize five of the terms. Match each phrase with the correct term by placing the letter designating the best term in the space provided by the phrase opyrig 2 Straigh Long-term assets have an exclusive right recognized by law Exclusive right of protection given Allocates aeqal amount of depreciable base to each period to the creator of a published wo 4 Property and equipment The allocation of cost of natural resources Intangible assets Fixed revenue producing assets 4. Listed below are five terms followed by a list of phrases that describe or characterize five of the terms. Match each phrase with the correct term by placing the letter designating the best term in the space provided by the phrase Unrealized gai Increase the investment account Decreased the investment account 2 Original investment cost quires "positive intent to maturity Reported in other comprehensive income Used when investor has effective control of investee
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