When using the indirect method to determine operating cash flows in a cash flow statement, which of the following would be added to net income?

The term _______________ refers to 'cost less accumulated' depreciation.

Natural resources are referred to as __________________.

Which of the following life spans would be used for automobiles if the MACRS method of depreciation is employed?

The matching of costs with the benefits derived from the use of an asset is ____________.

Which of the following costs is normally expensed when incurred, even though it has future benefits?

When a company uses its accounts receivable as collateral for a loan, the transaction is known as a/an _____________________.

Which of the following costs is capitalized for a self-constructed asset?

Which of the following basic patterns would be appropriate for allocation of land?

Which of the following groups assets into one of seven classes for tax depreciation?

If a reasonable estimate of the amount of cash to be received can be made, when should revenue be recognized?