1. What is the term given to the allocation of costs of intangible assets?
2. What is the term given to the periodic allocation of costs or wear and tear of tangible assets?
3. What is the term given to the acquisition cost less accumulated depreciation?
4. What is considered the best and most accurate method of inventory valuation?
5. What is the term given to the allocation of costs of natural resources?
6. What is the term given to the value that an asset is expected to have at the end of its useful life?