I need to answer those questions. I have 1 hour only to answer

keiseruniversity.blackboardcom ' 5'" Deprecration does not measure the declln \" a e In market val , True ue of an asset each period lg False , , s," \\, ,\\s,\\,_%_ Question 3 l 5 I An asset 5 cost Includes all normal and reasonable expenditures necessary to get the asset m place and ready fonts Intended use ue False Question 4 The total cost an asset less i 5 historical cost A book value ts accumulated depreciation is called " present value A current (market) value Question 5 which of the following is Lot shown on the Sales by Item report? " each item's quantity sold "- percentage of sales A; A gross margin percentage C\" sales to customers Question 6 It 's necessary to report both the cost and accumulated depreciation of plant assets in the nancial statements. I 0 True 0 False Question 7 Total asset cost plus depreciation expense equals book value. 0 True OFalse