ABC Communications Is Considering the Purchase of a New Satellite

question 328

Multiple Choice

ABC Communications is considering the purchase of a new satellite.The firm believes the satellite will help generate future earnings.In addition,the firm recognizes the tax benefits of a lower net income provided by the annual ________ of the asset.

• A)inventory valuation
• B)declining balance
• C)appreciation
• D)amortization

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Compactible Files

Files that are compressed or encoded to reduce their size for easier storage or transmission NO.

Space Limited

A condition where there is a restriction or not enough room available for a specific purpose or activity.

File Folder

A folder used to hold and organize documents or papers.

Filing Supply

Materials and tools used for organizing documents, such as folders, labels, cabinets, and dividers.