One Study Surveyed Thousands of U

question 35

Multiple Choice

One study surveyed thousands of U.S.college students and restudied them at age 37.College students who were happy had gone on to earn ________ money than their less-happy-than-average peers.

• A) fifty percent less
• B) slightly more
• C) no more
• D) significantly

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Definitions:

Scrap Value

The projected amount an asset is expected to generate when it is sold after reaching the end of its lifespan.

Double-Declining-Balance

A method of accelerated depreciation which doubles the rate of straight line depreciation, expensing more of the asset's value in the early years of its life.

Scrap Value

The anticipated market value of an asset at the end of its operational lifetime.

Sum-Of-The-Years-Digits

A depreciation method that results in a more accelerated write-off of the asset, calculated by adding together the digits of the asset's useful life years.