Pearson Company Bought a Machine on January 1, 2014

question 232

Multiple Choice

Pearson Company bought a machine on January 1, 2014. The machine cost $144,000 and had an expected salvage value of $24,000. The life of the machine was estimated to be 5 years. The depreciable cost of the machine is

• A) $144,000.
• B) $120,000.
• C) $40,000.
• D) $24,000.

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Definitions:

Empower Subordinates

Giving authority or power to lower-level employees, enabling them to take initiative and make decisions.

Transformational Leadership Model

A style of leadership where leaders work with subordinates to identify needed change, creating a vision to guide the change through inspiration, and executing the change in tandem with committed members of a group.

Idealized Influence

A leadership style where the leader serves as a strong role model, inspiring respect and trust through a demonstration of high ethical standards.

Leader Substitutes

Factors in a work environment that diminish the need for a leader, such as highly knowledgeable teams or comprehensive work processes.