Which of the Following Statements Is TRUE

question 84

Multiple Choice

Which of the following statements is TRUE?

• A)The accounting book value for all assets in a class equals the UCC for that class.
• B)The CCA claimed does not affect cash outflows.
• C)The total CCA available over the life of the asset depends on the method of depreciation used.
• D)Since CCA does not involve a cash expenditure, it can be ignored in capital-budgeting decisions.
• E)The depreciation method used does not affect cash inflows from operations.

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Definitions:

Nominal Group Technique

A structured method for group brainstorming that encourages contributions from everyone.

Individual Idea Session

A brainstorming technique where individuals generate ideas independently before sharing them with the group, aiming to maximize creativity and diversity of thought.

Steiner's "Law"

A principle named after Ivan Steiner, suggesting that the actual productivity of a group is equal to its potential productivity minus losses due to faulty group processes.

Productivity

Refers to the level of effectiveness in producing desired results or outputs, especially in the context of work or economic activity.