If Technology Changes Rapidly,a Firm Should

question 162

Multiple Choice

If technology changes rapidly,a firm should

• A)expense plant assets immediately because of the uncertainty of future benefits.
• B)depreciate plant assets over long periods of time.
• C)consider an accelerated rate of depreciation.
• D)use the straight-line method of depreciation as it is the easiest.

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Definitions:

Mexico

A country located in the southern part of North America, known for its rich cultural heritage, diverse landscapes, and significant economic influence.

International Trade

International trade involves the exchange of goods, services, and capital across international borders or territories, influenced by factors such as comparative advantage, exchange rates, and global economic policies.

Standards of Living

A measure of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.

Opportunity Costs

Eliminating possible positive outcomes from alternative selections by choosing one.