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question 118

Multiple Choice

[The following information applies to the questions displayed below.]
On April 30,2017,Tilton Products purchased machinery for $88,000.The useful life of this machinery is estimated at 8 years,with an $8,000 residual value.
-Assume that in its financial statements,Tilton Products uses the 200%-declining-balance method and the half-year convention.Depreciation expense in 2017 and 2018 will be:

• A)$11,000 in 2017 and $19,250 in 2018.
• B)$22,000 in 2017 and $12,571 in 2018.
• C)$22,000 in 2017 and $7,857 in 2018.
• D)$11,000 in 2017 and $22,000 in 2018.

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Acculturation

The process of adaptation to a new culture, whereby prolonged contact between two cultures begins to modify both cultures.

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A societal approach that recognizes, appreciates, and promotes diverse cultural backgrounds and traditions.

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A state where a group or community is detached from interacting with or being influenced by different cultures.

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