Blanket Airlines acquires a new aircraft. It has an estimated life of 15 years and should be used for 15,000 hours of flight. What is the most appropriate method of depreciation to properly match revenues and expenses?
a. Double-declining-balance
b. Revenue expenditure method
c. Straight-line
d. Units-of-production
d
You might also like to view...
Which of the following indicates proactive fraud auditing?
a. creating an awareness among employees that their actions can be reviewed at any time b. establishing controls to discourage collusion between employees c. creating an expectation of punishment for a fraud act. d. establishing a system of segregation of duties throughout the organization
In the context of the 4Ps of the marketing mix, high-tech media options like cell phones and the Internet have had a huge impact on ________.
A. policy B. people C. promotion D. position E. product
The sole power or authority to act in a certain situation is known as:
a. exclusive jurisdiction. b. concurrent jurisdiction. c. pendant jurisdiction. d. original jurisdiction. e. diversity jurisdiction.
Which of the following scenarios best illustrates a good stakeholder strategy?
A. PA Corp. distributes only 40 percent of its annual profit after taxes to shareholders, while the remaining is invested for further research, and distributed among employees and the local community. B. VP Inc. follows a strategy in which maximization of the shareholder's wealth is the primary concern of the managers. C. Gen Pharma Corp. ensures that it fully exploits free natural resources, so that most of its profits go to shareholders in the form of dividends. D. Carrvero Inc. ensures that its employees are paid the least in the industry so that its external stakeholders can get the best price.