If Technology Changes Rapidly, a Firm Should

question 61

Multiple Choice

If technology changes rapidly, a firm should:

• A) depreciate plant assets using the same method used for its tax returns.
• B) depreciate plant assets over long periods of time.
• C) consider an accelerated rate of depreciation.
• D) use the straight-line method of depreciation as it is the easiest.

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Definitions:

Ethnic Ties

The connections and relationships among individuals or groups sharing common racial, national, tribal, religious, linguistic, or cultural origins.

Second Generation

Individuals who are the children of immigrants, typically born and raised in the host country of their parents.

Athleticism

The physical abilities and traits that contribute to proficiency in sports and physical activities, including strength, agility, and stamina.

Genetically Determined

Traits or characteristics that are influenced by an organism's genetic makeup.