Question
just ansewr those without explinetion as soon as possible>>>>>>>> (1). If technology is changing rapidly, a firm should (a). expense plant assets immediately because of
just ansewr those without explinetion as soon as possible>>>>>>>>
(1). If technology is changing rapidly, a firm should (a). expense plant assets immediately because of the uncertainty of future benefits. (b). depreciate plant assets over long periods of time. (c). consider an accelerated rate of depreciation. (d). use the straight-line method of depreciation as it is the easiest. (2). A current liability includes obligations that must be repaid (a). within one year. (b). within one year or within the operating cycle, whichever is shorter. (c). within one year or within the operating cycle, whichever is longer. (d). by the end of the operating cycle. (3). Bonds sell at a premium when the (a). issuing company has a better reputation than other companies in the same business. (b). market rate of interest is less than the stated interest rate at the time of issue. (c). yield rate of interest is more than the stated rate at the time of issue. (d). issuing company agrees to repay the maturity before the due date. (4). Each of the following transactions would be classified as an investing activity except: (a). Acquiring an investment in the stock of another company. (b). Lending money to a supplier. (c). Receiving dividends on an investment in the stock of another company. (d). Disposing of land. (5). The equity method of accounting for an investment is used when a company purchases (a). more than 20% of the debt securities of another company. (b). 100% of the debt securities of another company. (c). 15% of the equity securities of another company. (d). between 20% and 50% of the equity securities of another company.
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