The allocation of the cost of an asset to expense over its useful life is called_________________ for tangible plant assets,_________________ for natural resources, and___________________ for intangible assets.
Fill in the blank(s) with the appropriate word(s).
Answer:
a. depreciation
b. depletion
c. amortization
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The second stage of the AIM planning process involves
What will be an ideal response?
There are three work centers (A, B, and C) behind the financial aid counter at a nearby university. They can each fit into any of three office spaces (1, 2, and 3 ) off the corridor behind the desk
There is no student contact in these areas, only workers. The distance 1-2 is 20 feet, 2-3 is 30 feet, and 1-3 is 50 feet. The matrix of work (trips per day) at the three centers are shown in the following table. Remember that each trip must be a round-trip (from 1 to 2 and back, for example). A B C A -- 20 0 B 45 -- 25 C 60 0 -- (a) How many possible assignments are there? List them. (b) Calculate the total distance traveled in each of these assignments. (c) Which assignment minimizes distance traveled?