An Example of an "Exception Routine" Is A(n)

question 108

Multiple Choice

An example of an "exception routine" is a(n) :

• A) back order process
• B) inventory subroutine
• C) customer acknowledgement process
• D) sales order processing process

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Definitions:

Double-declining-balance

An accelerated method of depreciation which doubles the normal depreciation rate, reducing the asset's book value more quickly.

Salvage Value

The forecasted price an asset will fetch at the time of sale once its period of usefulness is over.

Depreciation Expense

The allocation of the cost of an asset over its useful life to account for declines in value over time.

Double-declining-balance

An accelerated depreciation method that doubles the normal depreciation rate.