A Task Station That Originally Cost $5,000 Has No Estimated

question 139

Multiple Choice

A task station that originally cost $5,000 has no estimated salvage value and was depreciated at the rate of 20% per year (straight-line depreciation) .At the end of the second year,it was sold for $2,500 cash.The transaction would result in a:

• A)loss of $250.
• B)gain of $250.
• C)loss of $500.
• D)gain of $500.

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Definitions:

Power Supply

A hardware component that supplies electric power to an electrical device by converting electric current from a source to the correct voltage, current, and frequency.

Burning Smell

A symptom that there is something wrong with the power supply.

BYOD

Bring Your Own Device, a policy that allows employees to use their personal devices for work purposes, raising considerations for security and network access.

Wireless Antenna

A device used to transmit or receive radio waves for the purpose of wireless communication and data exchange.