Equipment with a Residual Value of $50,000 at the End

question 160

Multiple Choice

Equipment with a residual value of $50,000 at the end of 10 years was acquired at the beginning of 2019 for $500,000. Assuming the use of the straight-line depreciation method, the journal entry to record depreciation expense for 2021 will have a debit to

• A)Depreciation Expense and a credit to Accumulated Depreciation for $50,000.
• B)Accumulated Depreciation and a credit to Equipment for $50,000.
• C)Depreciation Expense and a credit to Equipment for $45,000.
• D)Depreciation Expense and a credit to Accumulated Depreciation for $45,000.

Understand the effectiveness and application of performance aids in employee task performance.

Recognize the diversity and inclusion challenges and opportunities within apprenticeship programs.

Grasp the principles and effectiveness of job instruction training and its integration with behavior modeling.

Differentiate between on-the-job, off-the-job, and blended training based on needs and objectives.

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Definitions:

Focus Groups

Structured group discussions used to gather participants' attitudes, feelings, beliefs, and reactions to a specific subject or area of interest.

Experiments

Research procedures carried out under controlled conditions and based on the technique of manipulating one or more variables in hopes of observing an effect. Typically, an experimental condition is applied to one group, and the results are compared with those from another group (control group) that has had no experimental treatment.

Operationalization

The process of defining a fuzzy concept so as to make the concept measurable and to understand it in terms of empirical observations.

Hawthorne Effect

The effect that researchers themselves may have on an experimental group. The effect is named after an organizational study in which employees were found to be responding to the perceived interest of management rather than to the experimental condition itself.