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If you have difficulty answering the following questions, learn more about this topic by reading our Depreciation (Explanation).
|1. Depreciation achieves this principle.||MATCHING TAGNCIMH||Unscramble|
|2. Another name for book value is _________ value.||CARRYING RARNGIYC||Unscramble|
|3. When an asset is depreciated using the _____________-line method, the annual depreciation expense will be the same amount in most years.||STRAIGHT TATSGIRH||Unscramble|
|4. ______________ Depreciation is the balance sheet account.||ACCUMULATED LTUCDEUCAMA||Unscramble|
|5. This type of depreciation results in more depreciation in an asset's earlier years and less in its later years.||ACCELERATED TRCEAEAECDL||Unscramble|
|6. Depreciation is an ___________ process not a valuation process.||ALLOCATION NOLICAOALT||Unscramble|
|7. This long-term asset is not depreciated.||LAND NADL||Unscramble|
|8. An asset's cost minus its accumulated depreciation is its book ________.||VALUE ALEUV||Unscramble|
|9. Depreciation for income tax reporting can be different from depreciation for ____________ reporting.||FINANCIAL IAFCLINNA||Unscramble|
|10. Another term for residual value or scrap value is _________ value.||SALVAGE AVASLEG||Unscramble|