17. In amortization, accounting technique is used to lower the book value of a loan or an intangible asset over a set period of time a. Periodically b. Gradually c. Linearly O d. Eventually O e. Don't know O other:

17. In amortization, accounting technique is used to lower the book value of a loan or an intangible asset over a set period of time a. Periodically b. Gradually c. Linearly O d. Eventually O e. Don't know O other:

Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)

5th Edition

ISBN:9781305084766

Author:Saeed Moaveni

Publisher:Saeed Moaveni

Chapter20: Engineering Economics

Section: Chapter Questions

Problem 5P

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Electronic Spreadsheet

Tabular listing has many advantages ranging from time management to efficient scheduling of tasks. Electronic spreadsheets allow the user to tabulate and analyze data, using its easy-to-use interface. An electronic spreadsheet is a staple application used among accountants, management staff, and IT professionals. It is used in various sectors worldwide for data management. An electronic spreadsheet is a system and computer software that could be used to do numerical computations automatically. Spreadsheet application programs are often organized as a table with rows and columns. Each row and column intersect to form a cell, which may be used to store data. These data can take the form of a written label, a number, or a formula that combines information from other cells.

Question

17. In amortization, accounting technique is used to
lower the
book value of a loan or an intangible asset over a set period of time
a. Periodically
O b. Gradually
O c. Linearly
O d. Eventually
O e. Don't know
O other:

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