Land Is Not Depreciated Because It

question 151

Multiple Choice

Land is not depreciated because it

• A) appreciates in value.
• B) does not have an established depreciable life.
• C) has a useful life that is limited to the period of time a company is in business.
• D) will provide future benefits for a company for an unlimited period of time.

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Definitions:

Dispositional Attributions

The tendency to attribute someone's behavior to their personal characteristics, rather than to situational factors.

Championing

Actively supporting or defending a cause, idea, or person.

Propinquity

The physical or psychological proximity between people, which can influence attraction and relationship formation.