Select the True Statement

question 28

Multiple Choice

Select the true statement.

• A)Computer-aided manufacturing CAM) requires computer-aided design.
• B)Computer-aided design is always two dimensional.
• C)Computer-aided design may be three dimensional.
• D)Computer-aided design requires additional manpower during assembly.

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Definitions:

Residual Value

The forecasted financial value of an asset as it approaches the close of its effective life.

Depreciation Method

A systematic approach for allocating the cost of a tangible asset over its useful life to account for wear and tear, decay, or obsolescence.

Straight-Line Method

A depreciation method that allocates the cost of an asset evenly over its useful life.

Depreciation

Distributing the cost of a physical asset methodically over its period of utility.