When an Asset Is Sold,a Gain Is Calculated as the Difference

question 52

Multiple Choice

When an asset is sold,a gain is calculated as the difference between

• A)sale price and the depreciable cost of the asset sold.
• B)sale price and the carrying value of the asset sold.
• C)carrying value and the residual value of the asset sold.
• D)sale price and the original cost of the asset sold.

Grasp the specifics of international philanthropy, including incentives and challenges in fund-raising.

Recognize the evolution stages and impact of digital technologies on nonprofit organizations.

Identify different types of international organizations and their operational focuses.

Understand regulatory and operational dynamics in global contexts affecting nonprofit organizations.

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Definitions:

Dramatic

Characterized by exciting, emotional, or unexpected events or circumstances.

Antisocial Personality Disorder

A mental health disorder characterized by a long-term pattern of manipulating, exploiting, or violating the rights of others.

Emotional Intelligence

The capacity to identify, comprehend, control, and logically interact with one's own emotions and those of other people.

Lower Fearlessness

A decreased tendency or capacity to experience fear, which might influence an individual's approach to risky or threatening situations.