On January 1, Year 1, Dinwiddie Company Purchased a Car

question 74

Multiple Choice

On January 1, Year 1, Dinwiddie Company purchased a car that cost $45,000. The car had an expected useful life of 6 years and a $10,000 salvage value. Based on this information alone:

• A) the total amount of depreciation expense recognized over the six year useful life will be greater under the double-declining-balance method than the straight-line method.
• B) the amount of depreciation expense recognized in Year 4 would be greater if Dinwiddie depreciates the car under the straight-line method than if the double-declining-balance method is used.
• C) at the end of Year 3, the amount in accumulated depreciation account will be less if the double-declining-balance method is used than it would be if the straight-line method is used.
• D) None of these statements is true.

Understand the concept of locus of control and its psychological implications.

Explain the processes of habituation, generalization, and discrimination in learning.

Describe strategies for modifying behavior, including desensitization and behavior activation.

Understand the causes and identification of various cardiac conditions and rhythms, including understanding the role of the ECG in their diagnosis.

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Definitions:

Psychosis

A mental health condition characterized by a disconnection from reality, which can include hallucinations, delusions, and impaired thinking.

Amphetamines

Stimulant drugs that increase central nervous system activity, used therapeutically and recreationally.

Marijuana

A psychoactive drug obtained from the Cannabis plant, used primarily for recreational or medicinal purposes.

Mushrooms

Fungi belonging to the kingdom Fungi, which are used for various purposes including culinary, medicinal, and in some cases, hallucinogenic.