If a Non-Rotating Object Has No Acceleration, Then We Can

question 37

Multiple Choice

If a non-rotating object has no acceleration, then we can say for certain that it is

• A)at rest.
• B)moving at constant non-zero velocity.
• C)in mechanical equilibrium.
• D)all of the above
• E)none of the above

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Definitions:

Lower of Cost

An accounting principle that adjusts the value of an inventory or asset to the lower of its historical cost or its market value.

Net Realizable Value

The estimated selling price of goods minus the costs of their sale or disposal.

Conservatism Constraint

An accounting principle that provides guidance for uncertain conditions, advising to recognize expenses and liabilities sooner rather than later.

Historical Cost Principle

An accounting principle that states that assets should be recorded and reported at their original purchase cost.