A Machine with a Cost of $15,000,a Salvage Value of $3,000

question 137

Multiple Choice

A machine with a cost of $15,000,a salvage value of $3,000 and expected life of 20 years was purchased on September 1.For a calendar year company,the journal entry to record depreciation expense for the first year would be to:

• A)debit Depreciation Expense,$50;credit Accumulated Depreciation,$50.
• B)debit Depreciation Expense,$250;credit Accumulated Depreciation,$250.
• C)debit Depreciation Expense,$200;credit Accumulated Depreciation,$200.
• D)debit Depreciation Expense,$150;credit Accumulated Depreciation,$150.

Define and differentiate between major and minor rules within administrative rulemaking.

Explain the selection process of Administrative Law Judges (ALJs).

Understand factors considered in the administrative process for adopting new rules.

Describe the role of judicial review in relation to administrative agencies.

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Definitions:

Micro-Targeting

The use of detailed data analytics to identify and engage with specific groups of people, often used in marketing and political campaigns.

Evangelical Christian

A member of a Christian movement characterized by a strong emphasis on the authority of the Bible, personal conversion experiences, and the importance of sharing the Christian faith with others.

Congressional District

A geographical area within a country that elects a representative to the national legislature, typically based on population.

Internal Mobilization

The process of organizing and preparing a country's resources and population for conflict or significant national endeavors, often during times of war or major social projects.