Under CCA, an Asset Which Originally Cost $100,000 Is Being

question 151

Multiple Choice

Under CCA, an asset which originally cost $100,000 is being depreciated using a 4% CCA rate. Thedepreciation expense in year 1 is___________ .

• A) $4,000
• B) $6,000
• C) $2,000
• D) $0

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Definitions:

Pheromones

Chemical substances produced and released into the environment by an animal, affecting the behavior or physiology of others of its species.

Sexual Behavior

Actions expressing sexual desires and engaging in practices related to sexual intimacy.

Animal Behavior

The study of the various activities and interactions of animals, often in their natural environments.

Ethnocentrism

The act of evaluating other cultures according to preconceptions originating in the standards and customs of one's own culture.