River Company Wants to Minimize the Amount of Time and Effort

question 94

Essay

River Company wants to minimize the amount of time and effort its bookkeepers spend on calculating depreciation.Since River has not been profitable,taxes are not an issue,but maximizing the profit and minimizing reported losses are major concerns.Recommend a course of action for River.Support your recommendation.

---

Definitions:

Socializing Agents

Individuals, groups, or institutions that play significant roles in integrating individuals into the social world by teaching social norms, values, and roles.

Values, Roles

Fundamental beliefs or principles that guide behavior, and the functions or positions individuals occupy in a social system.

Initiation Rite

A ceremonial event or ritual marking the entrance or acceptance of an individual into a group or society.

Personal Transformation

A profound change in an individual's personality, beliefs, or outlook on life, usually resulting in positive growth or development.