When an Asset Is Sold, a Gain Occurs When the

question 54

Multiple Choice

When an asset is sold, a gain occurs when the

• A) sale price exceeds the book value of the asset sold.
• B) sale price exceeds the original cost of the asset sold.
• C) book value exceeds the sale price of the asset sold.
• D) sale price exceeds the depreciable cost of the asset sold.

Understand the operational costs associated with maintaining cash balances and executing transactions.

Determine the net benefits of implementing financial management tools and strategies.

Understand the concept of homeostasis and its role in motivation.

Comprehend the expectancy x value theory of motivation and its application to goal-directed behavior.

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Definitions:

Social Exchange Theory

A psychological and sociological theory proposing that social behavior is the result of an exchange process aiming to maximize benefits and minimize costs.

Costs

In the context of relationships, refers to the negative aspects or sacrifices one must endure, which can include emotional, temporal, or financial investments.

Rewards

are benefits, prizes, or other incentives given to individuals as recognition for their performance, behavior, or contribution, often used to motivate or encourage desired actions.

Relational De-Escalation

The process of reducing the intensity or closeness in an interpersonal relationship deliberately.