Which of the following sets of factors is needed to calculate depreciation on plant and equipment?
a. The asset's acquisition cost, replacement cost, and its estimated residual value
b. The estimated residual value of the asset, its replacement cost, and its market value
c. The asset's replacement cost, its estimated life, and its estimated residual value
d. The estimated life of the asset, its acquisition cost, and its estimated residual value
d
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Mr. John, aged 58, has not completed his college education. He has been working in an automobile firm for the past 20 years. Now, the firm is shutting down operations in Los Angeles and planning to retain only one firm in Mexico. What would be the best path forward for Mr. John?
a. migrate to Mexico so that he could continue to work in the same firm b. identify a new industry where his skill may be of use c. move to another automobile firm within his country d. retrain himself in a new field
The assignment of costs to the cost of goods sold and to ending inventory using FIFO is the same for both the perpetual and periodic inventory systems.
Answer the following statement true (T) or false (F)
Two criteria to evaluate training programs are costs and training materials.
Answer the following statement true (T) or false (F)
With the __________ policy a user is allowed to select their own password, but the system checks to see if the password is allowable
What will be an ideal response?