Which of these measurement attributes is not currently used in practice?

a. Historical cost
b. Relevant cost
c. Current market value
d. Current cost
e. Present value


B

Business

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The Workers' Adjustment and Retraining Notification (WARN) Act requires that:

A. organizations with unionized operations negotiate any closings or layoffs that will affect employees within the bargaining unit. B. organizations with more than 100 employees conduct and publicize the results of an environmental, community impact study before a plant closing that will affect at least 50 full-time employees. C. organizations warn employees of all environmental hazards that they may come into contact with while working for the company. D. organizations with 50 or more employees and $10,000 or more in federal contracts prepare and post an affirmation plan. E. organizations with more than 100 employees give 60 days' notice before any closings or layoffs that will affect at least 50 full-time employees.

Business

What are the four beliefs of psychological empowerment and why are they important to leaders and managers?

What will be an ideal response?

Business

________ is the amount of time a job spends in the service or manufacturing system

Fill in the blanks with correct word

Business

Allyn Company purchased equipment costing $55,000 on January 1, Year 1. The equipment is estimated to have a salvage value of $5,000 and an estimated useful life of 5 years. Double-declining-depreciation is used, and all depreciation has been recorded as of December 31, Year 2.  If the equipment is sold on December 31, Year 2 for $15,000, the journal entry to record the sale is:

A. Debit Cash, $15,000; Debit Accumulated Depreciation, $13,200; Debit Loss on Sale, $26,800; Credit Equipment, $55,000. B. Debit Cash, $15,000; Debit Accumulated Depreciation, $40,000; Credit Equipment, $55,000. C. Debit Cash, $15,000; Debit Accumulated Depreciation, $35,200; Debit Loss on Sale, $4,800; Credit Equipment, $55,000. D. Debit Cash, $15,000; Debit Loss on Sale, $40,000; Credit Equipment, $55,000. E. Debit Cash, $15,000; Debit Accumulated Depreciation, $22,000; Debit Loss on Sale, $18,000; Credit Equipment, $55,000.

Business