What Does the Following Expression Mean? X <= Y

question 16

Multiple Choice

What does the following expression mean? x <= y

• A) x is less than y
• B) x is less than or equal to y
• C) x is greater than y
• D) x is greater than or equal to y

---

Definitions:

Straight-Line Depreciation

A strategy for apportioning the cost of an asset consistently throughout its period of use.

Capital Budgeting

The process of evaluating and selecting long-term investments that are consistent with the firm's goal of value maximization.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in an equal amount each year.

Capital Budgeting

Capital budgeting involves the evaluation and selection of long-term investments that are expected to generate cash flows and contribute to a company's growth.