Which of the Following Would Create an Incentive to Keep

question 94

Multiple Choice

Which of the following would create an incentive to keep business meetings short?

• A) Make everyone stand up at the meeting.
• B) Make all the attendees bring their own lunch.
• C) Make everyone wear a watch.
• D) Allow only half the attendees to talk.

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Definitions:

Depreciation Expense

The systematic allocation of the depreciable amount of an asset over its useful life, representing wear and tear or obsolescence.

Profit on Sale-Leaseback

This refers to the gain a company realizes when it sells an asset and immediately leases it back from the buyer, thus continuing to use the asset without owning it.

Amortization

A process of gradually writing off the initial cost of an asset over a period.