________ is the systematic write-off of the value of a tangible asset over its useful life.
A) Expense structuring
B) Depreciation
C) Capital budgeting
D) Gross margin allocation

Question

Quizplus · Accepted Answer

Depreciation is the systematic allocation of the cost of a tangible asset over its useful life. This is done in order to match the expense of the asset to the revenue it generates over time. As a result, the value of the asset is gradually written off until it reaches its salvage value at the end of its useful life.

________ Is the Systematic Write-Off of the Value of a Tangible