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Current Attempt in Progress Match the following statements to the appropriate terms. Small expenditures which primarily benefit the current period. Cost less accumulated depreciation. An accelerated depreciation method used for financial statement purposes. Tangible resources that are used in operations and are not intended for resale. Equal amount of depreciation each period. Expected cash value of the asset at the end of its useful life. Process of allocating the cost of equipment over its service life. Material expenditures that increase an asset's operating efficiency, productive capacity, or useful life. An accelerated depreciation method used for taxpurposes. Useful life is expressed in terms of units of production or expected use. Units-of-activity method Bookvalue Salvage value Double-declining-balance method Depreciation Revenue expenditures Straight-line method MACRS Plant assets Capital expenditures