Land is not depreciated because:

A) it appreciates in value.
B) its revenue generating potential is limited by wear and tear.
C) it has a useful life that is limited to the period of time a company is in business.
D) it will provide future benefits for the company for an unlimited period of time.


D

Business

You might also like to view...

Nigel, a resident of North Carolina, sent Claude, a resident of Lyon, France, a note that read, "Ninety days after date, I promise to pay to the order of Claude €5,000 (signed) Nigel." The note is:

A. payable on demand in the foreign money specified. B. payable at sight in an equivalent dollar amount. C. payable in an equivalent dollar amount. D. not payable in the foreign money specified.

Business

The employee’s name is an example of ______.

a. an entity b. an attribute c. an object d. a primary key

Business

Big Cars Automotive is a car manufacturer based in Asia but with plants in the United States. It has a typical mix of men and women in its work force, and its senior-level managers reflect the typical diversity of any large American company.

Recognizing the changing values and goals of American society, the company allows men and women to shift to part-time work or job-sharing when desired in order to help with child rearing responsibilities at home. They then let these employees return to regular full-time jobs with career tracks when available.

While Big Cars has a tough sexual harassment policy, it seems to tolerate the posting of explicit photos in public areas, lewd conversations or jokes in mixed gender groups, and sexual innuendo between first-line supervisors and workers. Their attitude is, what can you do about the way people talk?

Refer to Case 16.1. Some of the employees without children are upset about the flexibility parents have in order to deal with child rearing responsibilities. What can Big Cars Automotive's management do to avoid resentment from building?
 

A) ?Allow all employees to apply for flexible schedules.
B) ?Give those employees without children a salary increase.
C) ?Explain the reasoning for flexible schedules to the employees without children and hope they understand why it isn't an option for them.
D) ?Allow employees with children to bring their children into the office if they have to work late.

Business

Meryl's daughter Nixie dies before Meryl, leaving Nixie's son Orman. On Meryl's death, it is learned that her will gives "to my daughter Nixie my farm near Pratt, Kansas.". Most likely, the gift of the farm

a. abates. b. will not lapse. c. lapses in full. d. lapses in part.

Business