To be included in property, plant, and equipment, an asset must have all of the following except

A) the asset must be held for use.
B) the asset must have an expected life of a normal operating cycle.
C) the asset must be tangible in nature.
D) the asset must have an expected life of more than one year.


B

Business

You might also like to view...

You have purchased a U.S. Treasury bond for $3,000. No payments will be made until the bond matures 10 years from now, at which time it will be redeemed for $5,000. What interest rate will you earn on this bond?

A. 3.82% B. 4.25% C. 4.72% D. 5.24% E. 5.77%

Business

Which of the following is true regarding the price-earnings ratio?

a. price-earnings ratio = market price per share/earnings per share b. tables of stock prices and financial periodicals often present price-earnings ratios c. P/E ratios should use normal, ongoing earnings data in the denominator d. the analyst must interpret the published P/E ratios cautiously if the firm's net income includes unusual, nonrecurring gains and losses e. all of the above

Business

Martha was promised a 10% raise if she wins a contract with the city government. Martha could use the money to pay off some debts. However, she happens to know that another company already has informally won the contract. There is a very slim chance that she could win the contract away from the other organization, but she does not believe she can do it. According to expectancy theory, Martha is unmotivated to try to win the contract because she lacks __________.

A. valence B. instrumentality C. expectancy D. significance E. confidence

Business

Which of the following is NOT a change process that occurs in dialogic OD?

a. A disruption in the ongoing social construction of reality is stimulated or engaged in a way that leads to a more complex reorganization. b. A change to one more narratives takes place. c. A generative image is introduced or surfaces that provides new and compelling alternatives for thinking and acting. d. A change occurs solely through technostructural or human processes interventions.

Business