Determine the Statement Is True or False

question 48

Multiple Choice

Determine the statement is true or false.If it is true explain why it is true.If it is false, give an example to show why it is true. If satisfies at a critical point of , then cannot have a relative extremum at .

• A)Flase, can have a relative extremum at .
• B)True, can not have a relative extremum at .

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Definitions:

MACRS

Modified Accelerated Cost Recovery System, a method of depreciation for tax purposes that allows faster depreciation in the initial years of an asset's life.

Equipment

Tangible assets used in operations, such as machinery or computers, that have a useful life beyond one accounting period.

MACRS

Modified Accelerated Cost Recovery System, a method of depreciation in the United States that allows businesses to recover investments in certain property through tax deductions over a specified life.

Scrap Value

The estimated value that an asset will realize upon its sale at the end of its useful life; often used in depreciation calculations.