A Change in the Useful Life of an Asset Is

question 45

Short Answer

A change in the useful life of an asset is treated as a(n)_____________

Determine the payback period for various investments.

Understand and compute the crossover rate between two investment projects.

Calculate the profitability index of a project given its cost and cash flows.

Determine the discounted payback period for projects with different cash flows.

---

Definitions:

Drive Theories

Psychological theories that describe motivation as being driven by biological needs that demand satisfaction.

Secondary Reinforcement

A type of reinforcement where a stimulus reinforces a behavior because it is associated with a primary reinforcer.

Mastery Orientation

An approach to learning and achievement that focuses on understanding, mastering content, and self-improvement rather than comparison with others.

Performance Orientation

A focus on achieving success and demonstrating competence in task performance.