A Task Station That Originally Cost $2,500 Has No Estimated

question 127

Multiple Choice

A task station that originally cost $2,500 has no estimated salvage value and was depreciated at the rate of 20% per year (straight-line depreciation) .At the end of the third year,it was sold for $1,500 cash.The transaction would result in a:

• A)loss of $250.
• B)gain of $250.
• C)loss of $500.
• D)gain of $500.

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Definitions:

Consistency

The quality of being uniform, stable, or unchanging over time, often considered important in areas like behavior, policy, and product quality.

Distinctiveness

The quality or state of being different or unique compared to others.

Consensus

General agreement or collective opinion among members of a group, often reached after discussion and negotiation.

Ability Attribution

The process of attributing outcomes to one's own innate capabilities or to external factors.