As of 2015, What Generation Makes Up the Largest Share

question 47

Multiple Choice

As of 2015, What generation makes up the largest share of the U.S. workforce?

• A) Traditionalists
• B) Baby boomers
• C) Generation X
• D) Millennials
• E) Generation Y

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Definitions:

Placed in Service

Refers to the point in time when an asset begins to be used by a business for its intended purpose, marking the start of depreciation.

Asset

Items of value owned by a company, including tangible and intangible resources, that can be converted into cash.

Second-Year Depreciation

The depreciation expense allocated in the second year of an asset's useful life, considering the chosen depreciation method.

Straight-Line Method

A depreciation method applying an equal expense rate each year over the useful life of the property.