Which of the Following Will Have an Effect on the Amount

question 50

Multiple Choice

Which of the following will have an effect on the amount of depreciation charged on an asset in a particular accounting period?
I. The size of the asset
II. Method of depreciation used
III. Cost or revalued amount of asset
IV. Estimated residual value of asset

• A) I, II and III only
• B) I, III and IV only
• C) II, III and IV only
• D) I, II, III and IV

---

Definitions:

Marginal Cost

The rise in overall expenses resulting from the production of an additional unit.

Employment Discrimination

Unfair treatment of employees based on race, gender, religion, national origin, physical or mental disability, age, sexual orientation, and other characteristics.

Underemployment

Underemployment refers to a situation where workers are employed in jobs that do not fully utilize their skills or expertise, or when they work fewer hours than they would prefer.

Production Possibilities Curve

A graphical representation in economics showing the maximum number of goods or services that can be produced within an economy given fixed resources and technology, illustrating the trade-offs of economic choice.