The cost of an asset is $6,000 . Salvage value is $200 . Estimated useful life is 10 years. The amount of depreciation using the straight-line method is
a. $6,000; b. $5,800; c. $600; d. $580; e. $200
D
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At Claremont Profession Fencing, employees were asked how the quality of its customer service could best be measured, and management then implemented a survey system based on the feedback. Claremont has overcome which of the following barriers to success of control systems?
A. Overemphasis on one instead of multiple approaches. B. Overemphasis on paperwork. C. Overemphasis on means instead of ends. D. Too much control. E. Too little employee participation.
A credit means that
a. the event has an effect on the left side of an account. b. the event is unfavorable. c. the event is favorable. d. None of these choices.
In a star topology, when the central site fails
a. individual workstations can communicate with each other b. individual workstations can function locally but cannot communicate with other workstations c. individual workstations cannot function locally and cannot communicate with other workstations d. the functions of the central site are taken over by a designated workstation
16-year-old Frank bought a video game console from John for $150. Frank is a minor, while John is a competent adult. A month later, the console started malfunctioning on its own. Frank returned the console to John
If Frank disaffirms his contract with John for buying the console, which of the following will be considered true? A) John is not bound by the contract any more as the exchange has been completed. B) Frank can reclaim full refund on the amount he paid. C) Frank can only ask for full refund once he has reached the age of majority. D) Frank is legally obligated to fix the console before returning it to John.