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Bloom Corp

question 50

Multiple Choice

Bloom Corp. is a firm whose workers work in an old facility; its employees request a government inspection to ensure that they are not exposed to any hazardous materials while working in the facility. Which of the following acts gives them the right to do so?


Definitions:

Straight-line Method

An accounting method for calculating depreciation by evenly distributing the cost of an asset over its useful life.

Residual Value

The estimated remaining value of an asset at the end of its useful life.

Salvage Value

The anticipated end-of-life value of an asset once it has finished its useful period.

Plant Asset

Long-term tangible assets that are used in the operations of a business and are not intended for sale.

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