If a Machine Has Been Fully Depreciated and Has No

question 36

Multiple Choice

If a machine has been fully depreciated and has no residual value:

• A)there will always be a loss on the disposal.
• B)there will always be a gain on the disposal.
• C)there will be no gain or loss on the disposal.
• D)total assets will be increased.

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Definitions:

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Marketing Mix

The collection of decisions regarding product, place, price, and promotion that companies make during the process of bringing a product or service to market.

Standardized Marketing

A marketing strategy that uses uniform campaigns and messages across different markets and regions, often utilized by global brands.

Political Structures

The organizational framework of a government, detailing how power is distributed (e.g., federal vs. unitary structure) and the branches of government (e.g., executive, legislative, judiciary).