The Best Measures Relate to Corporate Strategy and SMART

question 136

Multiple Choice

The best measures relate to corporate strategy and SMART.Which of the following is not a component of SMART?

• A)Tangible
• B)Measurable
• C)Relevant
• D)Specific

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Definitions:

Depreciation Rates

Depreciation rates are percentages or methods used to systematically reduce the carrying value of a tangible or fixed asset over its useful life.

Accumulated Depreciation

The cumulative depreciation of an asset up to a single point in its life, representing the reduction in value due to wear and tear, age, or obsolescence.

Double-Declining Balance

A method of accelerated depreciation where an asset's value decreases by twice the rate of traditional straight-line depreciation.

Straight-Line Depreciation

A process for dividing the expenditure of a tangible resource into consistent annual portions throughout its service life.