If an Industrial Firm Uses the Units-Of-Output Method for Computing

question 68

True/False

If an industrial firm uses the units-of-output method for computing amortization on its only plant asset, factory machinery, the credit to accumulated amortization from period to period during the life of the firm will vary with sales revenue.

---

Definitions:

Thank-you Note

A brief message expressing gratitude, often sent after receiving a gift, attending a job interview, or benefitting from someone's help or hospitality.

Extemporaneously

Speaking or performing without preparation or prewritten notes, often demonstrating skill in impromptu expression.

Memorizing

The process of committing something to memory or learning it thoroughly through repetition.

Paraphrasing

Rephrasing someone else's ideas or writing in your own words to clarify or simplify while maintaining the original meaning.