Which of the Following Statements Is False

question 12

Multiple Choice

Which of the following statements is false?

• A)Unintentional injuries can result in a potentially disabling outcome.
• B)Unintentional injuries include accidents associated with learning new skills falling when you learn to walk).
• C)Unintentional injuries are the leading cause of death in early childhood.
• D)Unintentional injuries are over-reported because children are so vulnerable.

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Definitions:

Economic Life

The estimated period over which an asset is expected to be economically usable by one or more users, with profitability considered.

Residual Value

The estimated value that an asset will realize upon the end of its useful life, often used in calculating depreciation.

Straight-Line Method

A depreciation method that allocates the cost of an asset evenly over its useful life.

FASB

The Financial Accounting Standards Board, an independent organization responsible for establishing accounting and financial reporting standards in the US.