Which of the Following Statements Regarding the Use of Historical

question 63

Multiple Choice

Which of the following statements regarding the use of historical costs and current costs to compute return on investment (ROI) is(are) true?
(A) Historical costs are based on the original costs to acquire a long-term asset, while current costs represent the costs to replace the long-term asset.
(B) For a specific multiple-period project, the return on investment (ROI) computed using current costs will generally be less than the ROI computed using historical costs.

• A) Only (A) is true.
• B) Only (B) is true.
• C) Both of these are true.
• D) Neither of these is true.

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Definitions:

Nutrition Labeling and Education Act

A U.S. law aimed at improving consumer access to nutritional information on food labels, facilitating healthier food choices.

Food Labels

Information provided on packaging that includes ingredients, nutritional facts, and allergen information.

Telephone Consumer Protection Act of 1991

A U.S. law enacted to protect consumers from unwanted telemarketing calls, faxes, and SMS messages by restricting methods and times of direct marketing communications.

Unsolicited Faxes

Unsolicited faxes refer to the practice of sending fax messages, often advertisements, without the recipient's prior consent, which is regulated in many jurisdictions.