Select the term on the right that best matches the descriftion on the left. Terms may be used

once, more than once, or not at all.

An accelerated method of depreciation.

When a company can use tax depreciation on audited

a$.$ audit

financial statements.

b$.$ book value

A CPA organizes financial information provided by

c$.$ compilation

the company but does not express an opinion as to

whether the information materially conforms to

GAAP.

d$.$ fair market value

e$.$ historical cost

f$.$ materiality

g$.$ residual value

Depreciation method that yields the same amount of

depreciation each year.

h$.$ salvage value

Undepreciated cost on the balance sheet.

i$.$ straight$-$line

j$.$ sum$-$of$-$the$-$years' digits

A company purchases a building and land for $$500,000.$ The appraisal attribu

value $($FMV$)$ of $250,000$ to the land and $$350,000$ to the buildin