Solve the Problem. -How Many Ways Can a President, Vice-President, and Secretary Be

question 23

Multiple Choice

Solve the problem.
-How many ways can a president, vice-president, and secretary be chosen from a club with 12 members? Assume that no member can hold more than one office.

• A) 220
• B) 6
• C) 1320
• D) 36

---

Definitions:

Original Cost

The initial purchase price or construction cost of an asset or investment, before depreciation or amortization.

Units-of-production

An approach to depreciation that apportions the price of an asset throughout its functional life, contingent on the total units it generates.

Salvage Value

The forecasted residual valuation of an asset at the termination of its utility life.

Useful Life

The estimated period of time an asset is expected to be usable for its intended purpose.