Question: Match the following 1. Activity-based method 2. Straight-line method 3. Depletion 4. Declining-balance method 5. Amortization Allocates an asset's cost based on its use Allocates
Match the following 1. Activity-based method 2. Straight-line method 3. Depletion 4. Declining-balance method 5. Amortization Allocates an asset's cost based on its use Allocates an equal amount of depreciation to each year of the assets service life Allocating the cost of an intangible asset over its service life. The process of recording expense for natural resources An accelerated depreciation method that records more depr eciation in earlier years and less depreciation in later years
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