A Silo Held More Than One Year and Used in a Business

question 125

Multiple Choice

A silo held more than one year and used in a business is destroyed in an earthquake.The silo originally cost $356,000 and was fully depreciated using straight-line depreciation.The silo was insured for its $543,000 replacement cost minus a deductible of $1,000.Which of the statements below is correct concerning these facts?

• A) The silo was a long-term personal use asset.
• B) There is a casualty loss from disposition of the silo.
• C) The recognized gain from disposition of the silo is $186,000.
• D) The recognized gain from disposition of the silo is subject to special netting rules.
• E) c. and d.

Analyze the impact of religiosity and moral foundations on altruism and helping behavior.

Grasp the steps on the path to helping in emergency and non-emergency situations.

Appreciate the significance of individual differences, such as the altruistic personality, in predicting helping behavior.

Comprehend the mechanisms through which the presence of others affects an individual's decision to help.

---

Definitions:

Reinforcement

The act of strengthening a response by adding a reward, thus increasing the likelihood that the response will be repeated.

Operant Behaviors

Actions that an individual takes that are modified by the consequences they lead to, extensively studied in operant conditioning.

Respondent Behaviors

Automatic responses elicited by specific stimuli, based on the principle of classical conditioning in psychology.

Variable-ratio Schedule

A reinforcement schedule in operant conditioning where a response is rewarded after an unpredictable number of responses.