A Machine Originally Had an Estimated Useful Life of 6

question 2

Multiple Choice

A machine originally had an estimated useful life of 6 years,but after 4 complete years,it was decided that the original estimate of useful life should have been 10 years.At that point the remaining cost to be depreciated should be allocated over the remaining:

• A)2 years.
• B)4 years.
• C)6 years.
• D)16 years.
• E)10 years.

---

Definitions:

Lead-The-Market Pay Strategy

A compensation approach where an organization aims to offer salaries higher than the average within its sector to attract and retain top talent.

Job Posting

The process of communicating information about a job vacancy on company bulletin boards, in employee publications, on corporate intranets, and anywhere else the organization communicates with employees.

External Hiring

The practice of filling job vacancies with candidates from outside the organization.

Employment Referral

A hiring method where current employees recommend prospective candidates for a job opening, sometimes rewarded through a referral program.