Which of the following statements is not correct?
A. The book value of a long-term asset is reduced each year as depreciation is recorded.
B. Salvage value is computed by subtracting the accumulated depreciation from the cost of a long-term asset.
C. Buildings and trucks are examples of long-term assets.
D. Generally accepted accounting principles require that the original cost of a long-term asset continue to appear in the asset account until the disposition of the asset.
Answer: B
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Which one of Lewin’s basic change model stages is where managers promote a sense of stability and consistency by creating reward systems, tracking behaviors, and setting up continuous training to further enhance skills?
A. transforming B. refreezing C. reconstructing D. unfreezing
Once a firm chooses a business model, it must stick with it for the life of the firm.
Answer the following statement true (T) or false (F)
You have been asked to evaluate possible sites for an Asian production facility that will manufacture your firm's products and sell them to the Asian market. What real exchange rate considerations should you entertain in your evaluation?
What will be an ideal response?
Marilynn Castillo is a marketing manager at Gordon Corp. She debates whether or not to conduct a marketing research study before commercializing a product. After a brief analysis, she realizes that conducting the study will cost approximately $100,000. If she launches the product without conducting the study and the product fails, her firm could suffer a loss of $2 million. In this scenario, Marilynn conducts a(n) _____.
A. assessment on time availability B. market-sensitivity assessment C. cost-benefit assessment D. assessment on information availability E. assessment on research designs