An estimate of an asset's value at the end of its benefit period is called:
a. Asset at cost
b. Book value
c. Salvage value
d. Depreciation expense
e. expense
Answer: C
An estimate of an asset's value at the end of its benefit period is called:
a. Asset at cost
b. Book value
c. Salvage value
d. Depreciation expense
e. expense
Answer: C
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