Match Each of the Following Terms with the Appropriate Definitions

Match each of the following terms with the appropriate definitions.
a. Depletion
b. Betterment
c. Ordinary repairs
d. Units-of production method
e. Intangible assets
f. Accelerated depreciation
g. Amortization
h. Goodwill
i. Total asset turnover
j. Revenue expenditure
_____ 1. The amount by which the company's value exceeds the value of its individual assets and liabilities.
_____ 2. A cost reported as an expense on the current income statement because it does not provide a material benefit in future periods.
_____ 3. An expenditure that makes a plant asset more efficient or productive.
_____ 4. A method of depreciation that yields larger expense during the early years of an asset's life and smaller expense in the later years.
_____ 5. Expenditures to keep a plant asset in normal, good operating condition.
_____ 6. The process of allocating the cost of a natural resource to the period when it are consumed.
_____ 7. A measure of a company's effectiveness in using its assets to generate sales.
_____ 8. The process of systematically allocating the cost of an intangible asset to expense over its estimated useful life.
_____ 9. A depreciation method that charges a varying amount to expense for each period of an asset's useful life depending on its usage.
_____ 10. Certain nonphysical assets used in operations that confer long-term rights, privileges, or competitive advantages on their owners.