The loss of usefulness because of inadequacy or obsolescence is called
a. functional depreciation.
b. physical depreciation.
c. amortization.
d. cost allocation.
a
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The calculation for annual depreciation using the units-of-output method is
a. (Depreciable cost / Estimated output) × Actual yearly output b. Depreciable cost / Yearly output c. (Initial cost / Estimated output) × Actual yearly output d. (Depreciable cost / Yearly output) × Estimated output
Improvisation is defined as ______.
a. the art of spontaneously creating without preparation b. the art of stand-up comedy c. the art of creating with deliberate preparation d. the art of thinking deeply about complex problems
Which of the following theorists believed that needs are based on personality and are developed as people interact with the environment?
A. Herzberg B. McClelland C. Maslow D. Alderfer
Which of the following is true of repositioning?
A. It involves avoiding any alterations with the brand's existing position. B. It occurs only in companies that enjoy a monopolistic market structure. C. It is aimed to stem a decline in sales or counter stagnant sales. D. It must be practiced only during an economic downturn situation. E. It usually occurs due to a boom in the company's sales.