Multiple Choice
The period of time over which a non-current asset, such as a motor vehicle, is expected to be used by the entity is known as its:
A) carrying period.
B) useful life.
C) accumulated depreciation.
D) working life.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q54: Accrued salaries is a:<br>A) contra asset account.<br>B)
Q55: The office supplies inventory account of Tan
Q56: The income statement columns on the worksheet
Q57: X Co's employees carry out work to
Q58: Deferral type adjustments occur when cash for
Q60: On 1 July 2014 Tan Traders paid
Q61: On July 1 2014 the Indigo Ltd
Q62: Which of these is not a name
Q63: Harry Company uses cleaning supplies on a
Q64: Profit is measured as:<br>A) income - expenses.<br>B)