Which of the following is not true regarding expenditures for improvements?

a. Improvements are sometimes called betterments.
b. Improvements may increase an asset's performance by increasing the service life.
c. Improvements may increase an asset's performance by reducing the operating costs.
d. Improvements may increase an asset's performance by increasing the rate of output.
e. When the firm makes the expenditure for improvements, it recognizes the cost of the improvement by debiting the Improvement Expense account.


E

Business

You might also like to view...

________ is an analytical tool that enables retailers to know the number of units they need to sell to begin making a profit.

A. Cost-plus pricing B. Price lining C. Break-even analysis D. Keystoning E. Yield management

Business

Kathryn wants to open up a clothing store. The target market she selects will largely determine the type of product she sells. She has performed research and come up with three market segments that she thinks could be profitable: formal wear for special events, stylish but high-end clothes for consumers who use clothing as a status symbol, and casual clothing for those whose main concern is comfort. Kathryn has used sales estimates, competitive assessments, and cost estimates to determine the potential profitability of each segment. What is Kathryn's next step in the process?

A. Determine which segmentation variables to use B. Develop market segment profiles C. Develop sales forecasts D. Select specific target markets E. Evaluate relevant market segments

Business

Funds other than the General Fund must be considered a major fund when:

A. Total assets, liabilities, revenues, or expenditures/expenses of that fund constitute 10 percent of either the governmental or enterprise category. B. Conditions of both total assets, liabilities, revenues, or expenditures/expenses of that fund constitute 10 percent of either the governmental or enterprise category and total assets, liabilities, revenues, or expenditures/expenses of that fund are 5 percent of the total of the governmental and enterprise category exist. C. Total assets, liabilities, revenues, or expenditures/expenses of that fund are 5 percent of the total of the governmental and enterprise category. D. Conditions of either total assets, liabilities, revenues, or expenditures/expenses of that fund constitute 10 percent of either the governmental or enterprise category or total assets, liabilities, revenues, or expenditures/expenses of that fund are 5 percent of the total of the governmental and enterprise category exist.

Business

Supply chain ________ systems manage the flow of products through distribution centers and warehouses to ensure that products are delivered to the right locations in the most efficient manner

A) demand B) delivery C) planning D) execution E) optimization

Business