Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. Match these terms with their correct definition. Clear All Cost The amount of cash or trade-in consideration that is expected when an asset is retired from service Depreciation The process of allocating the cost of a tangible fixed asset to expense over the asset's useful life Book value Any expenditure necessary to acquire an asset and to prepare it for use Residual value Cost less accumulated depreciation