A Business,which Has a Calendar Year Accounting Period,purchased an Asset

question 148

True/False

A business,which has a calendar year accounting period,purchased an asset on March 1,2018.The business disposed of the asset on August 31,2019.For the calendar year 2019,depreciation should be calculated from January 1 to August 31.

---

Definitions:

Secondary Appraisals

Secondary appraisals involve the evaluation of one's ability to cope with the consequences of an event after it has been recognized as a threat or challenge.

Problem-focused Coping

A strategy to deal with stress by tackling the source of the problem, rather than merely dealing with its symptoms.

Stressor

Any event, situation, or stimulus that causes stress or a physical and psychological response.

Autoimmune Disorders

Diseases in which the body's immune system attacks healthy cells, mistaking them for harmful invaders.