On 31 December 2013,a New Machine with a Useful Life

question 66

Multiple Choice

On 31 December 2013,a new machine with a useful life of 6 years and an estimated residual value of zero was purchased by a business at a cost of $30,000.The amount of depreciation expense charged for the year ended 31 December 2015,using the reducing-balance method at a rate of 30% per annum,is:

• A) $6,300.
• B) $5,000.
• C) $9,000.
• D) $1,800.

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Definitions:

Dimension

An aspect or feature of a situation, problem, or thing; sometimes refers to measurable extents such as length, breadth, and depth.

Assessment

The process of evaluating or analyzing something to understand its value, significance, or condition.

Fault-Defend Pattern

A communication pattern where one party consistently blames the other, leading to defense mechanisms rather than constructive problem-solving.

Passive-Active Pattern

Refers to the behavior patterns where individuals oscillate between passive and active roles, often in the context of relationships or decision-making.