Some Companies Set Up ________ That Meet Regularly to Discuss

question 57

Multiple Choice

Some companies set up ________ that meet regularly to discuss needs, wants, and problems that may lead to new ideas.

• A) staff committees
• B) customer advisory boards
• C) managerial committees
• D) supervisory committees
• E) supplier advisory boards

---

Definitions:

Annual Depreciation

The process of allocating the cost of a tangible asset over its useful life on a yearly basis.

Useful Service Life

The estimated period over which a fixed asset is expected to be usable by the company.

Straight-line Method

A depreciation method that allocates an equal amount of depreciation each year over the useful life of an asset.

Depreciable Assets

Assets whose cost is allocated over their useful lives due to usage, wear and tear, or obsolescence.