9. A type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results. A. Physical depreciation C. Functional depreciation B. Design depreciation D. Demand depreciation 10. It refers to the reduction in the demand for the function that the equipment or asset was designed to render. A. B. Physical depreciation Design depreciation C. Functional depreciation D. Demand depreciation

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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9-10 with explanation
B. Salvage value
8. The amount that the property would give if sold for junk.
A. Junk value
C. Salvage value
D. Book value
B. Book value
D. Scrap value
9. A type of depreciation is due to the reduction of the physical ability of an equipment or asset to
produce results.
A. Physical depreciation
C. Functional depreciation
B. Design depreciation
D. Demand depreciation
10. It refers to the reduction in the demand for the function that the equipment or asset was designed
to render.
A.
B.
Physical depreciation
Design depreciation
C. Functional depreciation
D. Demand depreciation
Transcribed Image Text:B. Salvage value 8. The amount that the property would give if sold for junk. A. Junk value C. Salvage value D. Book value B. Book value D. Scrap value 9. A type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results. A. Physical depreciation C. Functional depreciation B. Design depreciation D. Demand depreciation 10. It refers to the reduction in the demand for the function that the equipment or asset was designed to render. A. B. Physical depreciation Design depreciation C. Functional depreciation D. Demand depreciation
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