THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 317

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Given A= {E₃,E₄,E₈,E₁₀} and B = {E₃,E₄,E₆,E₉}
-What is the union of A and B?

• A)E₃,E₄
• B)E₃,E₄,E₆,E₈,E₉,E₁₀
• C)E₁,E₂,E₅,E₇
• D)E₆,E₈,E₉,E₁₀

---

Definitions:

Discontinued Item

A component of a company's operations that has been disposed of or is held for sale, and its earnings are separated out on the income statement.

MACRS

Modified Accelerated Cost Recovery System, a method of depreciation for tax purposes in the United States that allows faster write-offs of assets.

Straight-Line

A method of calculating depreciation of an asset, which allocates an equal amount of depreciation to each year of the asset's useful life.

Sum-Of-Years' Digits

A depreciation method that accelerates the expense recognition, using a decreasing fraction of years remaining over the sum of the years' digits.