Author Question: Amortization is the ________. A) allocation of a natural resource's cost to an expense account as ... (Read 37 times)

sabina

  • Hero Member
  • *****
  • Posts: 563
Amortization is the ________.
 
  A) allocation of a natural resource's cost to an expense account as the resource is consumed
  B) allocation of an intangible asset's cost to an expense account over the asset's estimated useful life
  C) allocation of building and equipment cost to an expense account over the assets' estimated useful lives
  D) capitalization of a long-term asset's cost

Question 2

A(n) ___________________ ___________ indemnifies a company in case it suffers losses from defalcations committed by its employees.
 Fill in the blank(s) with correct word



fauacakatahaias

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

B

Answer to Question 2

fidelity bond



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

For a complete list of videos, visit our video library