Which of the Following Is Not a Justification for a Change

question 51

Multiple Choice

Which of the following is not a justification for a change in depreciation methods?

• A) A change in the estimated useful life of an asset as a result of unexpected obsolescence
• B) A change in the pattern of receiving the estimated future benefits from an asset
• C) To conform to the depreciation method prevalent in a particular industry
• D) A change in the estimated future benefits from the asset

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Definitions:

Effective Performance

The degree to which objectives are achieved and the extent to which targeted problems are solved in a timely and cost-efficient manner.

LMX Members

Individuals within an organization who are part of the Leader-Member Exchange theory, entailing a special relationship with leaders based on trust, respect, and mutual obligation.

Strategy Changes

Adjustments or shifts in the methods and plans used by an organization to achieve its long-term goals.

Rapidly Improves

The process of quickly enhancing or increasing the efficiency, quality, or performance of something.