Wolf Says, "We Should Be Careful, However, Not to Equate

question 153

True/False

Wolf says, "We should be careful, however, not to equate objective goodness with moral goodness."

---

Definitions:

Plant Assets

Durable physical assets employed in creating goods and services, including equipment, buildings, and machinery.

Double-Declining-Balance

A method of accelerated depreciation which doubles the rate at which an asset's book value depreciates compared to straight-line depreciation.

Salvage Value

The estimation of an asset's value at the end of its period of utility.

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, representing the wear and tear or obsolescence of the asset.