Which of the Following Statements Provide(s)an Argument in Favour of Including

question 1

Multiple Choice

Which of the following statements provide(s) an argument in favour of including only a plant's net book value rather than gross book value as part of operating assets in the ROI computation?
I.Net book value is consistent with how plant and equipment items are reported on a balance sheet.
II.Net book value is consistent with the computation of operating income,which includes amortization as an operating expense.
III.Net book value allows ROI to decrease over time as assets get older.

• A) I only.
• B) III only.
• C) I and II only.
• D) I and III only.

---

Definitions:

Cyanide Poisoning

A potentially fatal condition caused by exposure to cyanide, which inhibits cells from using oxygen, leading to death at high concentrations.

Product Failure

The occurrence when a product does not perform as intended or fails to meet consumer expectations, leading to dissatisfaction or withdrawal from the market.

Unplanned Buying

An impulsive or spontaneous purchase, made without prior intention or planning, often triggered by in-store stimuli or emotional states.

Grocery List

A written or digital list of items to be purchased from a grocery store.