Match the Terms with the Definitions

Multiple Choice

Match the terms with the definitions.
-The consumption or exhaustion of natural resources.

A) Accelerated Cost Recovery System (ACRS)
B) intangible assets
C) Modified Accelerated Cost Recovery System (MACRS)
D) book value
E) cash equivalent price
F) conservatism
G) straight-line method
H) tangible assets
I) depletion
J) depreciable cost (base)
K) trade-in allowance (trade value)
L) double-declining-balance method
M) functional depreciation
N) units-of-production method