Consider Each of the Items Below

question 79

Multiple Choice

Consider each of the items below. Place the proper letter in the blank space provided to indicate the nature of the account or accounts to be debited when recording each transaction using the preferred accounting treatment. Prepayments should be recorded in balance sheet accounts. Disregard income tax considerations unless instructed otherwise.
-An improvement, which extended the life but not the usefulness of the asset, cost $6,000.

• A)asset(s) only
• B)accumulated amortization, depletion, or depreciation only
• C)expense only
• D)asset(s) and expense
• E)some other account or combination of accounts

---

Definitions:

Diversity Program

A diversity program is an organizational initiative aimed at promoting inclusion and facilitating respect for differences among employees, such as race, gender, ethnicity, and sexual orientation.

Stereotyping

Involves assigning generalized attributes, beliefs, or behaviors to members of a group based on their membership in that group.

Intolerance

The inability or unwillingness to accept and respect differing views, beliefs, or practices.

Participative Leadership

A leadership style characterized by involving team members in decision-making processes and valuing their input.