The amount of depreciation expense for a fixed asset costing $95,000, with an estimated residual value of $5,000and a useful life of 5 years or 20,000 operating hours, is $21,375 by the units-of-output method during a period whenthe asset was used for 4,500 hours
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
____________________ is the process of writing off the cost of tangible assets and ____________________ is the process of writing off the cost of intangible assets
Fill in the blank(s) with correct word
The term total quality control was introduced by ______.
a. Armand Feigenbaum in 1969 b. Joseph Juran in 1954 c. Eli Whitney in 1895 d. Adam Smith in 1776
Which of the following is a job-content factor according to Herzberg?
a. salary b. job security c. advancement d. technical supervision e. status
In a firm's external environment, ________ primarily capture population characteristics related to age, gender, family size, ethnicity, sexual orientation, religion, and socioeconomic class.
A. political trends B. demographic trends C. economic trends D. ecological trends