Under Utility Regulatory Accounting Principles (RAP), the Account "Utility Plant

question 56

Multiple Choice

Under utility regulatory accounting principles (RAP) , the account "Utility Plant Acquisition Adjustment" reflects:

• A) The difference between the amount paid for utility plant and the amount originally paid by the utility that first placed the plant into public service, less accumulated depreciation.
• B) The difference between the fair market value of the utility plant and the amount paid for it, less accumulated depreciation.
• C) The difference between the amount paid for the utility plant less its current replacement cost.
• D) The difference between the amount paid for the utility plant less the fair market value of its tangible plant assets.

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Definitions:

Histogram

A graphical representation of data that groups numbers into ranges, representing the frequency of data within each range with bars.

Line Chart

A kind of graph that presents data as a sequence of points linked by linear segments, commonly utilized to depict temporal trends.

Histogram

A graphical representation of data using bars to show the frequency of numerical data intervals, emphasizing the distribution of data.

Time-series Data

A sequence of data points collected or recorded at successive time intervals.