A Company Discarded a Display Case That It Had Originally

question 66

Multiple Choice

A company discarded a display case that it had originally purchased for $8,000.The case had $7,200 worth of accumulated depreciation.The company should recognize a(n) :

• A)$0 gain or loss
• B)$800 loss
• C)$800 gain
• D)$8,000 loss
• E)$7,200 loss

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Definitions:

Organizational Behavior

The study of both group and individual performance and activity within an organization, focusing on understanding, predicting, and influencing behavior.

Purposeful

Acting with intention and a clear goal in mind.

Goal Directed

Activities or behaviors that are aimed at achieving specific objectives or outcomes.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow that depicts a five-tier model of human needs, ranging from basic physiological needs to self-actualization.