The Following Are a List of Terms

The following are a list of terms:
______ 1 depletion
______ 2 useful life
______ 3 depreciation base
______ 4 double-declining-balance method
______ 5 rational method of cost allocation
______ 6 salvage value
______ 7 depreciable cost
______ 8 amortization
______ 9 activity method
______ 10 declining-balance method
______ 11 systematic method of cost allocation
______ 12 service life
Required:
Match each term with the appropriate definition by entering the letter from below into the blank in the table above.
a. The allocation of costs as they relate to copyrights, patents, and trademarks. b. Based on the decline in the asset's service potential each period.
c. Calculated based upon a formula rather than an arbitrary manner. d. Can be measured in units, hours, or time.
e. A constant rate applied to the book value of the asset. f. Based upon the amount of use versus time periods.
g. The allocation of costs related to natural resources.
h. The difference between the original cost of the asset and an estimate of its residual value.
i. Uses two times the straight-line depreciation rate applied to the book value of the asset at the beginning of each period.
j. The amount of time the company expects the asset to be viable. k. Computed as: Asset Cost - Estimated Residual Value
l. The expected book value at the end of the depreciation period.