Class Attendance Today Is Nearly 100%,but on Most Other Days

question 22

Multiple Choice

Class attendance today is nearly 100%,but on most other days it is less.The likely explanation for this would be

• A) the opportunity cost of not attending today is much higher than usual.
• B) random chance.
• C) everything on TV was a rerun.
• D) students thought today's class was a review.
• E) the opportunity cost of attending today is much higher than usual.

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Definitions:

Output Per Worker

The average production or number of goods and services produced by an individual worker within a certain period.

Capital Cost Allowance

A tax deduction in some jurisdictions for depreciation of assets, reflecting the wear and tear or obsolescence of physical assets.

Declining Balance

A method of calculating depreciation for an asset, whereby the asset loses value at a decreasing rate over time.

GAAP

Generally Accepted Accounting Principles, which are a common set of accounting rules and standards used for financial reporting.