Author Question: Amortization is the ________. A) allocation of a natural resource's cost to an expense account as ... (Read 80 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?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

For a complete list of videos, visit our video library