Which Type of Product Modification Is an Aesthetic Product Change

question 58

Multiple Choice

Which type of product modification is an aesthetic product change?

• A) functional
• B) quality
• C) repositioning
• D) style
• E) planned

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Definitions:

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against an asset since it was put into service.

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.