A Company Purchased Computer Equipment That Is Class 10 for Income

question 40

Multiple Choice

A company purchased computer equipment that is Class 10 for Income Tax purposes (Class 10 is declining balance, but with a 30% rate) . The company made the following two journal entries: How is the $300 loss treated in discounted cash flow analysis?

• A) It reduces the net additions to class 10 for calculating CCA.
• B) The loss times the tax rate is an after-tax cash flow.
• C) The loss plus the accumulated amortization are disposals for class 10.
• D) It reduces the net additions to class 10 for calculating CCA, and (the loss) times (the tax rate) is an after-tax cash flow.
• E) It is ignored.

Define what constitutes mass media and its various forms.

Grasp the concept of media convergence and its implications on media consumption and distribution.

Compare and contrast different theoretical perspectives on media effects, specifically functionalist and conflict theories.

Analyze the differences between mass media communication and face-to-face interaction, including the influence of the Internet and cultural imperialism on global communication.

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Definitions:

Discretion

The quality of behaving or speaking in such a way as to avoid causing offense or revealing private information; the ability to make responsible decisions.

Participative Leadership

A leadership style that involves seeking input and involving team members in decision-making processes.

Enlist

To recruit or gain the support of individuals or resources for a specific purpose or project.

Important Decisions

Critical choices or judgments that have significant consequences for an individual or organization.