Please see questions below:

\"Accumulated depreciation" is best described as: O a contra-asset account that measures the total amount of depreciation claimed on an asset since its acquisition. 0 the amount of depreciation deducted in the current period. 0 a deduction that requires the business to set aside an equivalent amount of cash. 0 a deduction that does not decrease net income. [UESTION 14 With the Internal Rate of Return Method of Capital Budgeting, you nd the interest rate that results in the present value of cash outflows being exactly equal to the present value of cash inows. [UESTIUN 15 Brewer Company produced 4,000 units of product. According to the budget, each unit requires one-half hour of labor. The budgeted amount for labor is $12 per hour. Actual direct labor for the period was $22,000 (i.e., 2,200 hrs. 1: $10 per hr.). The direct labor quantity (efciency) variance is: O 200 hrs. 0 0 $2,000 U 0 $4,000 F 0 $2,400 U QUESTION 17 The \"three P5\" of \"Triple Bottom Line" reporting are people, planet, and prots. 0 True 0 False QUESTION 18 In order to comply, wiifn U.S. GAAP, an income statement does not have to identify revenues and expenses with exact precision. 0 True 0 False QUESTION 19 19. (Mod. 6) ABC Hospital is a nonprot entity that does not have to pay income taxes. Management is considering buying an automated blood analysis machine that will signicantly reduce the time a lab technician spends working on a blood sample. The machine will oost $80,000.00. Unfortunately, the machine's operating life is somewhat short, and management expects it will be discarded (no salvage value) at the end of four years. During its four year operating life, however, expected savings in annual variable costs should amount to roughly $30,000.00 (measured at the end of each year). If it purchases the machine, the company will have to borrow the entire $80,000 at an annual interest rate of 8% (APR). Complete and submit an EXCEL worksheet, showing your work, and answers highlighted in yellow