Do-It-Yourself Defined Contribution Plan Owns the Following Assets with the Following

question 59

Multiple Choice

Do-it-Yourself Defined Contribution Plan owns the following assets with the following values:

The fund sold its motor vehicles for $70,000.
What amount of revenue for changes in net market value of assets should Do-it-Yourself Defined Contribution Plan recognise for the year ended 30 June 2009?

• A) $10,000
• B) $20,000
• C) $50,000
• D) $80,000
• E) None of the given answers.

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Definitions:

Research Methods

Systematic strategies, techniques, and approaches used to conduct and analyze research.

Embodied Cognition

An approach to the study of cognition asserting that cognition is shaped and constrained by the context of the body of the organism experiencing the processing.

Evolutionary Approach

A perspective in psychology that interprets human behaviors and mental processes as adaptations that have evolved to increase survival and reproduction.

Mental Representations

Internal cognitive symbols that represent external reality or abstract concepts, enabling thinking and problem-solving.