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Molodets [167]
3 years ago
14

Depreciation is a process by which: A. replacement funds are accumulated for plant and equipment B. the decline in market value

of plant and equipment is determined and recorded C. the cost of plant and equipment is allocated to expense over its useful life D. the difference between current market value and historical cost of plant and equipment is recorded.
Business
1 answer:
krok68 [10]3 years ago
5 0

Answer:

C. The cost of plant and equipment is allocated to expense over its useful life.

Explanation:

Depreciation is defined as the fall in value of an asset; how an asset value declines or falls overtime. Causes of depreciation are wear and tear, obsolescence etc.

Depreciation is also a process, where the cost of assets(plants, equipments and machineries) are allocated to expense over their useful life. It is computed as ; cost minus scrap value divided by lifetime [ (Cost - Scrap value)] /life time

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Secure property rights promote economic progress because they
weqwewe [10]

Answer:

The correct answer is a. encourage individuals to produce efficiently and undertake productive activities.

Explanation:

The right to property is the legal and immediate power that a person has to enjoy, dispose and revindicate on an object or property, without affecting the rights of others or exceeding the limits imposed by law.

The property right covers all material assets that may be appropriate, useful, of limited existence and that may be occupied.

That is, if a person owns a space of land in which a sweet potato crop grows, therefore he owns the sweet potatoes that are harvested there and can do with them what seems most convenient, that is, sell them, give them away or donate them, always within the framework that limits the law.

6 0
3 years ago
If a market is in equilibrium is it necessarily true that all potential buyers and sellers are satisfied with the market​ price?
pav-90 [236]

Answer:

The correct answer is "no"

Explanation:

A market equilibrium occurs in those markets where consumer demand is equal to the amount offered by companies. But they don't necessarily have to be satisfied with the market price.

For example, if a product of basic need is in high demand, the price can be raised a lot which may not result in a fair price for the customer.

On the contrary, a low price on products puts potential competitors out of the market since many times due to production costs they cannot match these prices.

5 0
3 years ago
The duration of a project with concurrent tasks is ___________ the sum of the times for the activities.
katovenus [111]

Answer:

Project time management

5 0
3 years ago
Select the interview DON’TS:
DiKsa [7]

The Interview Don'ts is :

  • Chew Gum
  • Use your cell phone inside the building

<em>* Hopefully this helps:) Mark me the brainliest:)</em>

<em>∞ 234483279c20∞</em>

5 0
3 years ago
Read 2 more answers
An internal revenue oversight board survey found that 82% of taxpayers said that it was very important for the internal revenue
givi [52]

The problem is missing the main question.

The main question is: what is the probability that at least six taxpayers in a sample of 8 say that it is very significant to safeguard that high-income tax payers do not swindle on their tax returns? Use the binomial distribution probability function.

Solution:

Let X be the number of taxpayers say that it is very significant to safeguard that high-income tax payers do not swindle on their tax returns.


X ~ (n = 8, p = 0.82)
P (at least six taxpayers)

= P (X ≥ 6)
= 1 – P(X ≤ 5)
= 1 – 0.1608
= 0.8392 is the answer

3 0
4 years ago
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