The careening personal computer. (W. A. Paton) An employee in the accounting department of a certain business
Question:
The careening personal computer. (W. A. Paton) An employee in the accounting department of a certain business was moving a personal computer from one room to another.
As he came alongside an open stairway, he carelessly slipped and let the computer get away from him. It went careening down the stairs with a great racket and wound up at the bottom, completely wTecked. Hearing the crash, the office manager came rushing out and turned rather pale when he saw what had happened. "Someone tell me quickly," the manager yelled, "if that is one of our fullv depreciated items." A check of the accounting records showed that the smashed computer was, indeed, one of those items that had been written off. "Thank God!" said the manager.
Required Explain and comment on the point of this anecdote.
Step by Step Answer:
Cost Accounting A Managerial Emphasis
ISBN: 9780131810662
8th Edition
Authors: Charles T. Horngren, George Foster, Srikant M. Datar