Which of the Following Statement Regarding Long-Term Operating Assets Classified

question 76

Multiple Choice

Which of the following statement regarding long-term operating assets classified as held for disposal is false?

• A)Long-term operating assets classified as held for disposal are valued at net realizable value.
• B)Companies do not depreciate long-term operating assets classified as held for disposal.
• C)If the company writes down the asset in one period,the company can report an increase in value in the subsequent period up to,but not exceeding,the carrying value before the write-off.
• D)Companies must report individual long-term operating assets classified as held for disposal separately on the balance sheet.

---

Definitions:

Medication Administration Record

A document used by healthcare professionals to record all of the drugs and medications administered to a patient.

Prescriber

A healthcare professional authorized to prescribe medications, treatments, or therapies to patients.

Medication Error

Mistakes in prescribing, dispensing, or administering medication that lead to, or have the potential to lead to harm to the patient.

Normal Saline

A sterile solution of sodium chloride in water, mimicking the salt concentration of the body, commonly used for IV infusions and wound care.