Most Companies Can Justify the Use of Specialized Asset Management

question 82

Multiple Choice

Most companies can justify the use of specialized asset management software programs instead of the spreadsheets or traditional manual systems for all of the following reasons, except:

• A)The abundance of fixed asset data
• B)The time-consuming and tedious requirements for tracking changes
• C)The number of different methods of accounting for depreciation
• D)The intricacy of the tax laws

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Definitions:

General Adaptation Syndrome

is a three-phase model that describes the body's physiological responses to stress: alarm, resistance, and exhaustion.

Alarm Reaction

The initial phase in the body's response to stress, involving the immediate activation of the nervous system.

Resistance

In psychoanalysis, the blocking from consciousness of anxiety-laden material.

Exhaustion

is a state of extreme physical or mental fatigue, often resulting from sustained stress or activity without adequate rest.