Which of the Following Statements Is FALSE

question 152

Multiple Choice

Which of the following statements is FALSE?

• A)As an asset is used in operations, accumulated depreciation increases.
• B)As an asset is used in operations, the book value of the asset decreases.
• C)As an asset is used in operations, the book value of the asset increases.
• D)An asset's final book value is its residual value.

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Definitions:

Decarceration

The policy or process of reducing the number of individuals held in custody or prison, often through alternatives to incarceration.

Community Service

Voluntary work intended to help people in a particular area, often mandated as part of a punishment for a crime but also pursued for charitable or civic reasons.

Criminal Sanction

Punishments or penalties imposed by law for violating criminal statutes, including fines, imprisonment, or other corrective measures.

Capital Punishment

The legally authorized killing of someone as punishment for a crime, typically for the most serious offenses.