Surveys of Arbitrators Found That the Majority of These Individuals

question 4

Multiple Choice

Surveys of arbitrators found that the majority of these individuals:

• A) are female.
• B) have a graduate or law degree.
• C) are older-over 50 years old.
• D) are young-under the age of 35.
• E) have a graduate or law degree and are older-over 50 years old.

---

Definitions:

Intangibles

Assets that lack physical substance, such as patents, trademarks, and goodwill, which can still provide economic benefit to the business.

Straight-Line Depreciation

A practice of dividing up the cost of a tangible asset into regular annual segments during its period of use.

Depreciable Cost

The total amount that an asset can be depreciated over its useful life, subtracting any salvage value from the asset's initial cost.

Estimated Useful Life

The expected period of time during which an asset is useful to the owner and can generate revenue.