Answer: Option D
Explanation: In simple words, MIS refers to management information system. It is used by organisations to manage and operate different functions efficiently and effectively.
In the given case, many industries are using scheduling programs to recruit individuals on a suitable job for them .
Hence we can conclude that they are using recruiting MIS.
Answer:
a. $29,000
b. $214,000
c. Yes
Explanation:
a. Annual Depreciation expense:
= (Cost - salvage value)/ Useful life
= (330,000 - 40,000) / 10,000
= $29,000
b. Net book value at end of 4th year:
= Cost - 4 year depreciation
= 330,000 - (4 * 29,000)
= $214,000
c. One test to see if equipment is not impaired is that the Expected Undiscounted cashflows need to be higher than the net book value. This is not the case here as the Net Book value of $214,000 is higher than the expected Undiscounted cash inflows of $185,000. Equipment is therefore impaired.
The three objectives of monetary policy are :
-controlling inflation
-managing employment levels
-maintaining long term interest rates.
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