Which of the Following Statements Relating to the Composite-Rate Depreciation

question 28

Multiple Choice

Which of the following statements relating to the composite-rate depreciation approach is not correct?

• A) Composite-rate depreciation always uses the straight-line method of depreciation.
• B) It is often used in practice by business entities with many similar assets in the one class.
• C) A single average depreciation rate is applied to the average of the beginning and ending balances of a functional group of assets.
• D) No gain or loss is recognised on the disposal of individual assets within the composite group.

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Definitions:

Yield Ratios

Metrics used in human resources and recruitment to evaluate the effectiveness of the hiring process, calculating the ratio of applicants to actual hires.

Recruitment

Involves strategies and steps taken by an organization to identify and hire potential employees.

Employment Testing

Involves administering tests to job applicants to assess their qualifications, skills, or suitability for a specific job role.

Private Employment Agencies

Agencies or businesses that help match employers with potential employees.