A Machine with an Original Cost of $120,000 and No

question 10

Multiple Choice

A machine with an original cost of $120,000 and no salvage value had an estimated useful life of 6 years,but after 4 complete years,it was decided that the original estimate of useful life should have been 8 years.Assuming the company uses straight-line depreciation,the amount of depreciation expense in year 5 is:

• A)$20,000
• B)$80,000
• C)$10,000
• D)$12,000
• E)$5,000

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Definitions:

Selection Ratio

The ratio of the number of job openings to the number of applicants, indicating the level of competition for positions.

Applicants

Individuals who apply for a job or position within an organization.

Employment Interview

A formal meeting between a job applicant and employer to evaluate the applicant's qualifications and fit for a position.

Reference

An evaluation or recommendation provided by a previous employer or a professional acquaintance, vouching for a job seeker's qualifications and character.