In appraisals, depreciation can be defined as:( )
A: A deduction from value
B: Actual loss in value compared to current cost as new
C: Diminished utility
D: Either (Actual loss in value compared to current cost as new) or (Diminished utility)
A: A deduction from value
B: Actual loss in value compared to current cost as new
C: Diminished utility
D: Either (Actual loss in value compared to current cost as new) or (Diminished utility)
举一反三
- Under current cost accounting, goods sold are charged to profit or loss at: A: Historical cost B: Replacement cost C: Net realisable value D: Economic value
- Book value is defined as: A: a. disposal value B: b. disposal value less accumulated depreciation C: c. cost less accumulated depreciation D: d. disposal value less original cost
- Which is considered the earned value A: Budgeted Cost of Work Scheduled. B: Budgeted Cost of Work Performed. C: Actual Cost of Work Performed. D: Budgeted at Completion.
- The effective value of ac voltage or current is（ ） A: The average value of a voltage or current B: DC equal to the AC thermal effect is defined as the effective value of AC C: voltage or current are 0.707 of their amplitudes D: closely related to the frequency of alternating current
- The statement of financial position of Chen contains an item of plant with a carrying book value of $8,000. This is traded in for new plant with a cost of $21,000. Chen pays $14,000 in cash towards the purchase of the new plant.What is the loss on disposal of the original plant?(Please enter your answer in the box below (numbers only) for the value in $.)<br/>______