All of the Following Are Used in Estimating a Depreciable

question 57

Multiple Choice

All of the following are used in estimating a depreciable asset's useful life except

• A)the asset's present condition.
• B)the useful life required by the government for tax purposes.
• C)experience with similar assets.
• D)current technology and industry trends.

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Definitions:

Source Data Processing

The handling or manipulation of raw data from its origin to make it suitable for storage, analysis, or further processing.

CIM

Computer Integrated Manufacturing, a method of manufacturing where the entire production process is controlled by computer.

MRP

Material Requirements Planning is a system employed for production planning, scheduling, and managing inventory, aimed at optimizing manufacturing processes.

CRM

Customer Relationship Management, a strategy and technology for managing a company's interactions with current and potential customers.