Use the Following Information to Answer Questions 92 and 93

question 45

Multiple Choice

Use the following information to answer questions 92 and 93.
Exiter Inc. owns the following assets:
-What is the composite life of Exiter's assets?

• A) 14.0 years
• B) 9.7 years
• C) 8.9 years
• D) 10.3 years

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Definitions:

Labor Relations

An HR role that refers to issues that arise between employees and management.

Authority

The power or right to give orders, make decisions, and enforce obedience, often within a specific context like governmental or organizational roles.

EFT Program

Electronic Funds Transfer Program; a system that allows the electronic movement of money from one bank account to another.

Federal Income Taxes

Taxes levied by the U.S. federal government on individual and corporate income.