Book Value Is Defined As

question 45

Multiple Choice

Book value is defined as:

• A) cost less accumulated depreciation
• B) disposal value
• C) disposal value less original cost
• D) disposal value less accumulated depreciation

---

Definitions:

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Arbitration Clause

A contract provision that requires disputes arising out of the contract to be resolved through arbitration rather than through the court system.

Employment Contract

A formal agreement specifying the terms and conditions of the relationship between an employer and an employee.

United Nations Convention

An international treaty formed by member states of the United Nations to address global issues.