Which of the Following Are Criteria for Determining Whether to Record

question 135

Multiple Choice

Which of the following are criteria for determining whether to record an asset as a fixed asset?

• A)must be tangible and an investment
• B)must be long lived and used by the company in its normal operations
• C)must be short lived and tangible
• D)must be an investment and long lived

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Definitions:

Lectures

A traditional instructional method where an instructor delivers oral presentation of material to a group of students, often used in educational settings for knowledge transfer.

Physical Fidelity

The degree to which a simulation or model accurately replicates the physical properties or characteristics of the real world system it represents.

Psychological Fidelity

The extent to which a training environment replicates the mental and emotional aspects of a real-life situation, enhancing learning transfer.

Training Method

A specific approach or technique used to convey knowledge or skills to learners.