The unexpensed portion of a depreciable asset is called
A)accumulated depreciation.
B)net realizable value.
C)estimated residual value.
D)net present value.

Question

Quizplus · Accepted Answer

The unexpensed portion of a depreciable asset is the estimated residual value. This is the amount that the asset is expected to be worth at the end of its useful life, and is subtracted from the cost of the asset to determine the amount that will be depreciated over its useful life. Accumulated depreciation is the total amount of depreciation that has been taken on an asset up to a certain point in time. Net realizable value is the estimated selling price of an asset minus the costs of selling it. Net present value is a financial concept used when evaluating investment opportunities.

The Unexpensed Portion of a Depreciable Asset Is Called