To Be Capitalized as Part of Property, Plant and Equipment

question 58

Multiple Choice

To be capitalized as part of property, plant and equipment, assets must:

• A)have expected useful lives of more than one year.
• B)not be acquired for resale.
• C)be useful in multiple productive capacities within the organization.
• D)A and B, but not C.

Comprehend the significance of transaction processing systems and how they support the daily operations of a business.

Grasp the importance of ensuring data quality through various data checks (alphabetic, numeric, completeness, consistency, range) in database systems.

Recognize the utility of providing decision-makers with timely and accurate information through specific types of information systems.

Understand the concepts of real-time and batch processing and their respective advantages for different business needs.

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Definitions:

Internal Fertilization

The process by which sperm fertilizes an egg inside the body of an organism, common in terrestrial animals.

External Fertilization

The process in which gametes meet outside the body, typically when females release eggs and males release sperm into the surrounding water; occurs in most aquatic invertebrates, bony fishes, and amphibians. Compare with internal fertilization.

Protective Environment

A setting or condition designed to prevent harm or damage, typically used in the context of safeguarding human health or ecosystems.

Mitochondria

Organelles in eukaryotic cells that produce energy through cellular respiration.