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The allocation of the costs of natural resources, such as minerals, to the units produced is referred to as A. depreciation B. Depletion C. Amortization

The allocation of the costs of natural resources, such as minerals, to the units produced is referred to as

A. depreciation B. Depletion C. Amortization D. Salvage value

The term used to describe the process of allocating the acquisition cost of an intangible asset to expense during its estimated useful life is ___________________. A.Amortization B.Depreciation C. Depletion D. None of the above

When computing depreciation, the salvage value should be ignored if a company uses

the units-of-output method.
the sum-of-the-years'-digits method.
the declining-balance method.
the straight-line method.
.

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