Indicate whether each of the following statements is true or false. ________ a) Straight-line depreciation is the most widely used method in the U.S.________ b) An accelerated depreciation method provides a lower depreciation charge in the early years of an asset's life cycle than does the straight-line method.________ c) The units-of-production method allocates the cost of a plant asset in proportion to the asset's usage.________ d) Total depreciation expense recognized over the asset's life is not affected by the choice of depreciation methods.________ e) Recording depreciation expense affects the income statement and the statement of cash flows but neither the balance sheet nor the statement of changes in stockholders' equity.
What will be an ideal response?
a) T b) F c) T d) T e) F
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) If you choose not to list your GPA in the "Education" section of your résumé,
A) most employers will not interview you. B) employers will generally respect you for being humble. C) you should be prepared to answer questions about it during the interview. D) it should be stated in your application letter. E) you should include a statement that reads, "GPA withheld for privacy reasons."
A software program that replicates itself in areas of idle memory until the system fails is called a
a. Trojan horse b. Worm c. logic bomb d. none of the above
Which of the following is linked to what people think about at work that dissatisfies them (e.g., supervision, pay, company policies, and the working conditions)?
A. need for power B. safety C. hygienes D. motivators
If permitted a choice of depreciation methods for tax reporting, a firm should try to maximize the amount of the
a. reductions in tax payments from claiming depreciation. b. present value of the reductions in tax payments from claiming depreciation. c. future value of the reductions in tax payments from claiming depreciation. d. present value of the increase in tax payments from claiming depreciation. e. amount of the increase in tax payments from claiming depreciation.