Which One of the Following Items Is NOT a Consideration

question 162

Multiple Choice

Which one of the following items is NOT a consideration when recording periodic depreciation expense on long-lived assets?

• A) residual value
• B) estimated useful life
• C) cash needed to replace the long-lived asset
• D) cost

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Definitions:

Private Sector

The part of the economy that is run by individuals and companies for profit and is not under direct governmental control.

Weingarten Rights

The rights of employees to have union representation during investigatory interviews that they believe could result in disciplinary action.

Union Workers

Employees who are members of a labor union, which represents their interests in negotiations with employers over wages, working conditions, and benefits.

Disciplinary Meeting

A formal meeting between an employee and management to discuss misconduct or performance issues, potentially leading to disciplinary actions.