举一反三
- 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
- ____________________ is relevant in a decision to replace equipment. A: a. Cost of old equipment B: b. Book value of old equipment C: c. Depreciation accrued on old equipment D: d. Future maintenance costs of old equipment
- The following normal balances appear on the adjusted trial balance of Portland Company: Equipment ..........................................................$70,000Accumulated depreciation, equipment ................. 18,000Depreciation expense, equipment .........................6,000The book value of the equipment is A: $64,000 B: $46,000 C: $52,000 D: $34,000
- _______________is the original cost of an asset less any accumulated depreciation.
- Total depreciation expense over an asset's useful life will not be identical under all methods of depreciation.
内容
- 0
Which of the following statements is FALSE? A: Depreciation is a method used for accounting and tax purposes to allocate the original purchase cost of the asset over its life. B: Sometimes the firm explicitly forecast free cash flow over a shorter horizon than the full horizon of the project or investment. C: Earnings include the cost of capital investments, but do not include non-cash charges, such as depreciation. D: Firms often report a different depreciation expense for accounting and for tax purposes.
- 1
Which of the following costs belongs to Selling and Administrative Costs? A: Direct Labor Cost B: Direct Material Cost C: Depreciation of manufacturing equipment D: Sales Commissions
- 2
Total depreciation expense over an asset's useful life will not be identical under all methods of depreciation. A: 正确 B: 错误
- 3
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)
- 4
The book value of an old machine is always considered an opportunity cost in a decision.