Match each definition with the correct term below.
-Estimated useful life
A)Enlargements of a plant's physical layout.
B)A right to occupy land or buildings under a long-term contract.
C)The portion of an asset's acquisition cost that a company expects to recover when it disposes of the asset.
D)The proportional allocation of the cost of a natural resource to the units extracted.
E)A registered symbol that can be used only by its owner to identify a product or service.
F)The excess of the amount paid for a business over the fair market value of the business's net assets.
G)The periodic allocation of the cost of an intangible long-lived asset to the periods it benefits.
H)Improvements to a plant asset that do not add to the plant's physical layout.
I)The total number of service units expected from a long-term asset.
J)The periodic allocation of the cost of a tangible long-lived asset over its estimated useful life.

Question

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The Answer of Match each definition with the correct term below.
-Estimated useful life
A)Enlargements of a plant's physical layout.
B)A right to occupy land or buildings under a long-term contract.
C)The portion of an asset's acquisition cost that a company expects to recover when it disposes of the asset.
D)The proportional allocation of the cost of a natural resource to the units extracted.
E)A registered symbol that can be used only by its owner to identify a product or service.
F)The excess of the amount paid for a business over the fair market value of the business's net assets.
G)The periodic allocation of the cost of an intangible long-lived asset to the periods it benefits.
H)Improvements to a plant asset that do not add to the plant's physical layout.
I)The total number of service units expected from a long-term asset.
J)The periodic allocation of the cost of a tangible long-lived asset over its estimated useful life.

Match Each Definition with the Correct Term Below