Randy Has Been Dependent on Alcohol for at Least Ten

question 20

Multiple Choice

Randy has been dependent on alcohol for at least ten years. Drinking has ruined his marriage, his occupational standing and his health. If a friend told Randy that he needed to enter treatment, and Randy responded the way most alcohol dependent people do, he would probably say

• A) "Alcohol is my enemy but I don't think I am strong enough to combat it."
• B) "Who do you think you are attacking? You are the one with the problem."
• C) "I have an addictive personality and without help, I will never overcome my addiction."
• D) "You have a very good point; I need to do some serious thinking about getting treatment."

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Definitions:

Salaries Expense

The total amount paid to employees for services rendered during a specific period, classified as an operating expense.

Residual Value

The estimated salvage value of an asset at the end of its useful life, used in calculating depreciation expense.

Depreciation Expense

Depreciation Expense represents the systematic allocation of the cost of a tangible asset over its useful life, reflecting the decrease in value over time.

Accumulated Depreciation

Represents the total amount of depreciation expense that has been recorded for an asset since it was acquired, reflecting its decrease in value over time.