Management Should Select the Depreciation Method That

question 153

Multiple Choice

Management should select the depreciation method that

• A)is easiest to apply.
• B)best measures the asset's fair value each period over its useful life.
• C)best reflects the pattern in which the asset's future economic benefits are to be consumed.
• D)is required by the government.

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Definitions:

Psychoanalytic Theory

A theoretical approach in psychology which posits that human behavior is influenced by unconscious motivations and conflicts, originally developed by Sigmund Freud.

Operant Conditioning

A method for learning in which the severity of an action is regulated by rewards or punitive measures.

Social Cognitive Theory

A theoretical framework that posits that learning occurs in a social context with a dynamic and reciprocal interaction of the person, environment, and behavior.

Humanistic

A psychological approach emphasizing the study of the whole person and the uniqueness of individual experience and potential.