61. An artificial expenses that spreads purchase a.

Depreciation
price
b. Annuity
of an asset or another property over number of
c. Perpetuity
years.
d. Inflation
a. Depreciation
66. The quantity of a certain commodity that is
b. Singking fund
offered for sale at a certain price at a given
c. Amnesty place

d. Bond and time

62. Estimated value at the end of the useful life a. Demand

a. Market value b. Supply

b. Fair value c. Stocks

c. Salvage value d. Goods

d. Book value 67. Work-in process is classified as

63. Consists of the actual counting or a. An asset

determination
b. A liability
of the actual quantity of the materials on hand
c. An expenses
as
d. An owner’s equity
of a given date.
68. What is the highest position in the
a. Physical inventory
corporation?
b. Material update
a. President
c. Technological assessment
b. Board of directors
d. Material count
c. Chairman of the board
64. Additional information of prospective
d. Stockholders
bidders on
69. Type of ownership in business here
contract documents issued prior to bidding date
individuals
a. Delict
exercise and enjoy the right in their own
b. Escalatory interest.

c. Technological assessment a. Equitable

d. Bid bulletin b. Public

65. A series of uniform accounts over a period c. Private

of time
d. Pure

70. Decrease in the value of a physical property

due

to the passage of time.

a. Inflation

b. Depletion

c. Recession

d. Depreciation