The depreciation method in which the depreciable cost of an asset is apportioned equally over its estimated life in terms of months or years is called the
a. declining-balance method.
b. sum-of-the-years'-digit method.
c. units-of-production method.
d. straight-line method.
d
You might also like to view...
Philip, a French national, is hired by an international corporation based in Japan for its London office. After joining, Philip learns that two other candidates, one from the company's home office in Japan and the other from its London branch, were also considered for the same position. After a complete assessment, however, the management hired Philip because they found him better qualified for the job. In the context of the different staffing strategies used by international businesses, the company that hired Philip most likely uses the _____.
A. polycentric staffing model B. geocentric staffing model C. regiocentric staffing model D. ethnocentric staffing model
Under the UCC, a holder in due course is a holder who has given value for the instrument. Which of the following holders have given value for the instrument?
a. Beth promises to paint the neighbor's house in exchange for a promissory note as an advance payment for the job. b. Steve gives a note and mortgage on his house to his attorney as a retainer to handle his pending divorce. c. Todd, a newspaper carrier, accepts a properly indorsed two-party check for the past two months of deliveries. d. All of the above are correct.
First Finance Company filed its financing statement for a purchase money security interest in Donald's lawn tractor on March 1 . Donald purchased the lawn tractor on February 21 . If Donald files for bankruptcy on February 28, the trustee will have priority because the bankruptcy petition is filed before the creditor perfects
a. True b. False Indicate whether the statement is true or false
The increase of consumers who publish their own thoughts and product reviews through digital media has caused consumer-generated information to be less important because some of the information is false.
Answer the following statement true (T) or false (F)