Which One of the Following Statements Concerning Market and Book

question 68

Multiple Choice

Which one of the following statements concerning market and book values is correct?

• A)The market value of accounts receivable is generally higher than the book value of those receivables.
• B)The market value tends to provide a better guide to the actual worth of an asset than does the book value.
• C)The market value of fixed assets will always exceed the book value of those assets.
• D)Book values represent the amount of cash that will be received if an asset is sold.
• E)The current book value of equipment purchased last year is equal to the initial cost of the equipment.

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Definitions:

Physically Dispersed Teams

Groups whose members are located in different physical locations and often coordinate their work through technology.

Physical Distance

The measurable space between people, which can impact interactions and the dynamics of social and professional relationships.

Team Members

are individuals who belong to a team and work together towards achieving a common goal.

Boundary Objects

Items or pieces of information used in different ways by different communities but with enough common understanding to facilitate communication and cooperation.