Which of the following depreciation methods is used by most corporations to calculate depreciation expense for their tax returns?

A. MACRS
B. Units-of-production
C. Double-declining balance
D. Straight-line


Answer: A

Business

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A) recoding unsatisfactory responses B) assigning missing values C) discarding unsatisfactory responses D) returning to the field to get better data

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Offshoring of manufacturing to countries such as Brazil and Vietnam has been encouraged by ______.

A. the need for sustainable manufacturing practices B. the higher transportation costs C. need for lower manufacturing costs D. the longer shipping times

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Excess income over and above the expected amount of after-tax operating income is called:

a. extraordinary profit. b. remaining profit. c. economic profit. d. monetary profit.

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Which of the following does NOT help describe a project network?

A. Provides the basis for scheduling labor and equipment B. Highlights major deliverables and identifies their completion dates C. Gives the times when activities can start and finish and when they can be delayed D. Identifies critical activities E. A graphic display of the flow and sequence of work through the project

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