Which of the Following Statements Concerning Fixed Assets Is Not

question 12

Multiple Choice

Which of the following statements concerning fixed assets is not true?

• A) knowledge of the approximate average age of fixed assets can be useful in assessing the efficiency of the assets.
• B) knowledge of the approximate average age of fixed assets can be useful in deciding whether the assets may need to be replaced in the near future.
• C) knowledge of the approximate average age of fixed assets can be calculated by the formula accumulated depreciation divided by average recorded cost of fixed assets.
• D) knowledge of the approximate average age of fixed assets can be useful in deciding whether the asset register is up-to-date.

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Definitions:

Paraphilic Sadomasochism

A form of paraphilia involving the giving or receiving of pleasure from acts involving the infliction or reception of pain or humiliation.

Klismaphilia

A sexual fetish where individuals derive pleasure from the introduction of liquids into the rectum and colon via the anus.

Leash and Collar

Devices commonly used for controlling or leading animals, but can have other connotations in different contexts.

Urophilia

A paraphilia in which a person gets sexual pleasure from contact with urine.