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:

Physical Space

The tangible, three-dimensional environment in which objects and events occur and interact.

Tight Cultures

Societies or organizations that have strict norms and a low tolerance for deviant behavior, leading to more uniformity in social conduct.

Uncertainty Avoidance

The degree to which a society tolerates risk and uncertainty.

Individualism

A theory in society that prioritizes individual freedom over the control of groups or the government.