If Technology Changes Rapidly, a Firm Should

question 128

Multiple Choice

If technology changes rapidly, a firm should

• A) expense plant asset 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.

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Transparency International

A non-governmental organization that aims to combat global corruption and prevent criminal activities arising from corruption.

Consumer Bill of Rights

The Consumer Bill of Rights is a set of guidelines that aim to protect consumers in the marketplace by ensuring fair trade practices and the right to safety, to be informed, to choose, and to be heard.

Corporate Culture

The shared values, beliefs, attitudes, and practices that characterize an organization and shape its behavior and its employees'.

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Conduct that aligns with accepted moral guidelines or principles, typically characterized by fairness, integrity, and responsibility.