During 2019, XYZ Inc

question 44

Multiple Choice

During 2019, XYZ Inc.bought a tractor for $50,000, which belongs in class 10 with a CCA rate of 30%.Assuming that the tractor is the only asset in the class and XYZ Inc.claims maximum CCA each year, what is the UCC (undepreciated capital cost) for the class after CCA is claimed at the end of 2020?

• A)$30,750
• B)$27,500
• C)$19,250
• D)$50,000

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Definitions:

Leadership Model

A framework that describes styles, attributes, or behaviors effective in guiding, motivating, and managing groups or organizations.

Subordinates Share

The act of sharing information, resources, or responsibilities among individuals with lower positions within the organizational hierarchy.

Goals Achieved

The successful attainment of objectives or targets.

Vroom-Jago

A decision-making model focusing on the importance of leadership and decision-making styles in various situations.