Of the Six Values Measured by the Allpot-Vernon-Lindzey Study of Values

question 20

Multiple Choice

Of the six values measured by the Allpot-Vernon-Lindzey Study of Values test, both U.S. and British executives consistently score highest on ________ values and lowest on ________ values.

• A) religious and theoretical; economic and social
• B) religious and economic; political and social
• C) economic and political; social and religious
• D) social and religious; aesthetic and political
• E) religious; economic

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Definitions:

Scrap Value

An estimated calculation of what an asset will be worth at the time it is sold, after it is no longer useful.

Sum-Of-The-Years-Digits

An accelerated method of depreciation which totals the digits of an asset's useful life and allocates the cost based on a fraction of those digits.

Scrap Value

The calculated resale value of an asset at the termination of its functional life.

MACRS Tables

Guidelines used in the United States for calculating depreciation deductions for tax purposes under the Modified Accelerated Cost Recovery System.