If Technology Changes Rapidly,a Firm Should

question 162

Multiple Choice

If technology changes rapidly,a firm should

• A)expense plant assets immediately because of the uncertainty of future benefits.
• B)depreciate plant assets over long periods of time.
• C)consider an accelerated rate of depreciation.
• D)use the straight-line method of depreciation as it is the easiest.

---

Definitions:

Total Fertility Rate

The average number of children a woman is expected to give birth to during her lifetime, based on current birth rates.

Kerala

A state on the southwestern coast of India, noted for its high literacy rates, robust health services, and strong social welfare policies.

Public Relations

The professional maintenance of a favorable public image by a company, organization, or famous person.

Economic Burden

The financial impact of an event, policy, or situation, particularly in terms of costs incurred or resources expended.