6. Resources that are going to be finished through extraction are a/ natural resources b/ plant assets / intangible assets d/ all 7 . ----method of depreciation used when a fund is to be accumulated to replace a plant asset at the end of its economic life. a/ annuity b/ sinking fund c /a & b done 8. Which of the following depreciation methods does not consider salvage value in computing the depreciation base of the asset? a/straight line b/sum of years digiis c/Units of Output d/ none 9. All are intangible assets EXCEPT:- a patent b/ goodwill c/ natural resources d/ a & b 10. A group of account is known as:- a Journal b/Ledger c/ T account d/ none Part III. Match column A with column B ( 1 Point each) A B 1. Depreciation a/ plant assets 2. Consignor b/ natural resources 3. Inventories c/ finished goods 4. Intangible assets d/ the owner of the goods 5 Depletion e/ do not have physical existence Part IV. Short Answer (10 Points) 1. Mention the three modes of disposal of plant assets? (3Pts) 2. Explain the difference between Capital Expenditure and Revenue Expenditure? (4Pts) 3. Compare and contrast the difference among depreciation, depletion and amortization? (3Pts)