商业财务第 1165 / 1605 题
Depreciation is best described as:
a.Spreading the cost of a long-lived asset as an expense over its useful life
b.The increase in an asset's market value
c.A tax the contractor pays on equipment
d.An immediate cash refund from the IRS
解析
Depreciation allocates the cost of a long-lived (capital) asset such as equipment or vehicles across the years it is used, matching the expense to the periods that benefit. It is a non-cash accounting expense that also provides a tax deduction.
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