Juan Has Received as and Bs in His First Three

question 51

Multiple Choice

Juan has received As and Bs in his first three semesters of college. Which of the following goals would be most effective in helping him to get straight As this semester?

• A) setting the high goal of getting straight As
• B) publicly announce that his goal is to get Bs, but then secretly hope to get As
• C) vow to himself that he will do his best this semester
• D) setting a low goal of getting C to keep his confidence high

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Definitions:

Depreciation Expense

An accounting method used to allocate the cost of a tangible asset over its useful life.

Machine Hours

A measure of the operating time of a machine, used in costing and budgeting to allocate expenses based on usage.

Units-Of-Production

A depreciation method that allocates the cost of an asset over its useful life based on the number of units it produces.

Depreciable Cost

The initial cost of an asset minus its salvage value, which is the amount that can be depreciated over the life of the asset.