Which of the Following Statements Provide(s)an Argument in Favour of Including

question 1

Multiple Choice

Which of the following statements provide(s) an argument in favour of including only a plant's net book value rather than gross book value as part of operating assets in the ROI computation?
I.Net book value is consistent with how plant and equipment items are reported on a balance sheet.
II.Net book value is consistent with the computation of operating income,which includes amortization as an operating expense.
III.Net book value allows ROI to decrease over time as assets get older.

• A) I only.
• B) III only.
• C) I and II only.
• D) I and III only.

---

Definitions:

Tenochtitlán

The capital city of the Aztec Empire, located on an island in Lake Texcoco, in what is now Mexico City, known for its complex urban design and significant temples.

Ledger Book

Historically, a book used by Native Americans, especially the Plains tribes, for recording history, events, and personal stories through drawings and illustrations.

Medium

In art, a medium refers to the material or technique used by an artist to create a work of art, such as oil, acrylic, digital, sculpture, and others.

Chilkat

A style of weaving traditionally practiced by the Tlingit and other Indigenous peoples of the Pacific Northwest, characterized by complex patterns and symbolic motifs.