Why Would a Defendant Plead Guilty to a Crime and Not

question 59

Multiple Choice

Why would a defendant plead guilty to a crime and not invoke his or her right to a criminal trial?

• A)The defendant could receive a conviction for a misdemeanor and not a felony.
• B)The defendant could receive a reduction of charges.
• C)All of these are correct.
• D)The defendant could receive a reduction in sentence.

Understand the concept of residual (salvage) value in the context of asset depreciation.

Analyze the impact of asset purchase, residual value, and useful life estimates on depreciation expense.

Understand how accumulated depreciation affects the carrying amount of an asset.

Identify costs included in the determination of an asset’s depreciable base.

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Definitions:

Marginal Product

The increase in output that results from employing one additional unit of a factor of production, while holding other factors constant.

Additional Worker

An employee hired to increase the workforce, contributing to higher production or service capacity.

Firm

An organization that uses resources to produce goods or services for profit in an economic system.

Goods

Items or products that are produced to satisfy wants or needs of consumers. Goods can be tangible, like food and cars, or intangible, like services.