When a Company Wants to Place a Value on a Physical

question 24

Multiple Choice

When a company wants to place a value on a physical asset for its balance sheet,it must

• A) reduce the value by the amount the asset has depreciated.
• B) auction the asset off.
• C) ask its competitors what the asset is worth.
• D) price a new one.
• E) increase the value by the amount the asset has appreciated.

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Definitions:

Frontal Lobes

Part of the cerebral cortex involved in decision making, problem solving, control of purposeful behaviors, consciousness, and emotions.

Parietal Lobes

The portion of the cerebral cortex lying at the top of the head and toward the rear; receives sensory input for touch and body position.

Right Hippocampus

Part of the brain located in the temporal lobe, crucial for the formation of new memories and spatial navigation.

Left Hippocampus

A region in the left side of the brain that is involved in the formation of memories.