Which One of the Following Items Is Not a Consideration

question 249

Multiple Choice

Which one of the following items is not a consideration when recording periodic depreciation expense on plant assets?

• A) Salvage value
• B) Estimated useful life
• C) Cash needed to replace the plant asset
• D) Cost

---

Definitions:

Securities Exchange Act

A U.S. federal law regulating the trading of securities, including stocks and bonds, to protect investors against malpractice.

Market Manipulation

Actions designed to deceive investors by controlling or artificially affecting the price of securities.

General Partner

A member of a partnership who has unlimited liability and is active in the daily management of the business.

Insider

An individual who has access to confidential or non-public information about a company, primarily due to their relationship with the company.