Accounting: What the Numbers Mean 9th Edition by Wayne W McManus, Daniel F Viele, David H Marshall

Exercise 78

Following are a number of the key terms and concepts introduced in the chapter, along with a list of corresponding definitions. Match the appropriate letter for the key term or concept to each definition provided (items 1–15). Note that not all key terms and concepts will be used.

a. Capitalize	k. Present value
b. Depletion	l. Discount rate
c. Net book value	m. Annuity
d. Depreciation	n. Intangible asset
e. Units-of-production depreciation	o. Leasehold
f. Straight-line depreciation	p. Patent
g. Declining-balance depreciation	q. Trademark
h. Modified Accelerated Cost Recovery System (MACRS)	r. Goodwill
i. Operating lease	s. Amortization
j. Capital lease	t. Leasehold improvement
	u. Copyright

________ Calculation of periodic depreciation expense by dividing the amount to be depreciated by the number of periods over which the asset is to be depreciated.

Step 1 of 2

The correct answer is option f.