Before Shutting Down the Power of a Vehicle, the Paramedic

question 3

Multiple Choice

Before shutting down the power of a vehicle, the Paramedic should make adjustments to the ____.

• A) power accessories
• B) mirrors
• C) ignition
• D) battery

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Definitions:

Double Diminishing-Balance

An accelerated method of depreciation that doubles the depreciation rate of the diminishing balance method, expensing a larger portion of the asset's cost near the beginning of its life.

Residual Value

The anticipated value of an asset at the conclusion of its lifespan.

Double Diminishing-Balance

An accelerated method of depreciation that calculates expense by doubling the straight-line depreciation rate applied to the declining book value of an asset.

Depreciation Expense

The allocated reduction in the value of a tangible asset over its useful life, recognized as an expense on the income statement.