The Term,obsolescence,as It Relates to the Useful Life of an Asset,refers

question 230

Multiple Choice

The term,obsolescence,as it relates to the useful life of an asset,refers to:

• A)The halfway point of an asset's useful life.
• B)A plant asset that is becoming outdated and no longer used.
• C)The inability of a company's plant assets to function as designed.
• D)An asset's salvage value becoming less than its replacement cost.
• E)Intangible assets that have been fully amortized.

---

Definitions:

Immediate Reinforcers

Rewards that are given instantly following a desired behavior, thus strengthening the behavior's occurrence.

Magazine Subscriptions

The process of paying in advance to receive regular issues of a magazine over a specified period.

Reinforced

In behavioral psychology, refers to the strengthening of a behavior pattern by reinforcement, such as rewards or punishments, which increases the likelihood of the behavior being repeated.

Schedule

A plan that gives a list of events or tasks and the times at which each one should happen or be done.