A company should choose a depreciation method that
a. best allocates the original cost of the asset to the periods benefited by the use of the asset.
b. saves the most taxes.
c. minimizes net income
d. shows the highest amount of net income.
a
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Managers should be paid
a. on a periodic basis. b. based on results achieved. c. using ESOPs. d. on a piece rate basis.
Which is a FALSE statement about narratives?
A. The storyteller may use personal experiences to teach a moral lesson. B. The storyteller will always tell an accurate depiction. C. The storyteller may use a narrative to promote a better understanding of a complex concept. D. Stories have been around since the beginning of time.
Bluefield Inc is considering a project that will require an initial investment of $75,000 and is expected to generate future cash flows of $15,000 for years 1 through 3 and $10,000 for years 4 through 8. The project's payback period is:
A) 6 years. B) 5 years. C) 4 years. D) 2.67 years.
Which sentence is correctly punctuated?
A) Report your trip expenses, and you will be promptly reimbursed. B) Report your trip expenses and, you will be promptly reimbursed. C) Report your trip expenses and you will be promptly reimbursed.