Which expense is associated with long-term assets?
A)Dividends.
B)Depreciation.
C)Cost of goods sold.
D)Interest.

Question

Quizplus · Accepted Answer

Depreciation is an expense associated with long-term assets as it represents the gradual decrease in value of these assets over time. Dividends are payments made to shareholders, not related to long-term assets. Cost of goods sold refers to the expense associated with producing and selling goods. Interest is the cost of borrowing money, not specific to long-term assets.

Which Expense Is Associated with Long-Term Assets