A Machine Was Purchased for $39,000

question 99

Multiple Choice

A machine was purchased for $39,000.It has a current carrying value of $18,000 and had a depreciable cost of $25,000.Its estimated residual value must have been

• A) $18,000.
• B) $14,000.
• C) $11,000.
• D) $21,000.

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Definitions:

Stereotyping

The act of assigning generalized and often inaccurate or oversimplified attributes to a group of people based on their race, gender, culture, or other factors.

Generalized Judgments

Assessments or opinions that are broad and not specific to individual cases or circumstances.

Interest

A feeling of curiosity or concern about something or someone, which can motivate learning and engagement.

Internal Factor

Elements or forces within an organization or individual that can affect performance, mood, or outcomes.