In Accounting for Changes in Fixed Assets, Which One of the Following

question 49

Multiple Choice

In accounting for changes in fixed assets, which one of the following statements is NOT true?

• A) When a firm is not operating at full capacity, sales may be increased without adding any new fixed assets.
• B) Since it requires time to get new assets operational, they are added in small discrete quantities.
• C) Fixed assets are added in large discrete amounts called lumpy assets.
• D) All of the above are true.

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Definitions:

Length

A measurement that quantifies the longest dimension of an object, or the extent of something from end to end.

DNA Profiling

Identifying an individual by analyzing the unique parts of his or her DNA.

Human Genome

The complete set of nucleic acid sequences for humans, encoded as DNA within the 23 chromosome pairs in cell nuclei and in a small DNA molecule found within individual mitochondria.

Short Tandem Repeats

Sequences in DNA where a pattern of two or more nucleotides is repeated and the sequences are directly adjacent to each other.