Which of the Following Is a False Statement

question 57

Multiple Choice

Which of the following is a false statement?

• A)Companies can change the method of depreciating assets from one year to the next.
• B)Companies can affect the book value at the end of an asset's life by choosing one method of depreciation over another.
• C)Companies can use one method of depreciation for some of their operational assets but then use a different method for another group or type of operational assets.
• D)Companies cannot change their estimate of the salvage value of a long-term asset.

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Definitions:

Type A Personality

A rephrased definition: A behavioral pattern characterized by a highly competitive nature, aggression, impatience, and a constant sense of urgency.

Ability to Relax

The capacity or skill of being able to rest, unwind, and reduce stress effectively.

Hostile

Showing or feeling opposition or dislike; unfriendly or antagonistic.

Sympathetic Nervous System

A branch of the autonomic nervous system responsible for activating the body's fight-or-flight response during stressful situations.