Regarding discontinued operations, which of the following statements is incorrect? It is a non-cash expense. B.The depreciation method used should best reflect the pattern of usage of the asset over its useful life. The application and development costs of internal-use software should be amortized on a straight-line basis unless another systematic and rational basis is more representative of its costs. a) It is extremely sensitive to fluctuations in supply voltage b) Its high starting torque is due to its high rotor hysteresis loss c) It is extremely quiet in operation d) It accelerates from rest to full-speed almost instantaneously Bonus Depreciation is useful to very large businesses spending more than the Section 179 spending limit B. (d) The oxidation state of sulphur is never less than +4 in its compounds. ... the entity follows an approach much like the straight-line method of depreciation to account for the production. A.Depreciation is an allocation of the cost of the asset over b. ; B. Which of the following statements regarding the balance sheet is INCORRECT? A. Debit increases the capital account balance B. Which one of the following statements regarding revision of depreciation rates is incorrect? d. Accumulated depreciation is the portion of an asset's cost that has already been recorded as an expense. 7500b. Which of the following statements is true? (b) Time and risk arc the most important factors in any in… D) Equity investors are very demanding. depreciated separately.. c) Chemical shifts are larger when shielding effects are greater. Which of the following statements regarding revaluation of asset is incorrect? Mcq Added by: admin. © 2003-2020 Chegg Inc. All rights reserved. (b) Magnetic field lines are closed curves. Depreciation is a process by which a business sets aside cash to replace assets as needed. BELOW IS THE CORRECT ANSWER: C. Unlike U.S. GAAP, under IFRS each component of an asset must be. Which of the following statements regarding price elasticity is incorrect? A) The balance sheet provides a snapshot of a firmʹs financial position at a given point in time. A product with a perfectly inelastic demand would have the same demand even as prices change. C Recognising the deleterious effects of ozone depletion, an international treaty, known as the Montreal Protocol, was signed at Montreal (Canada) in $1987$ (became effective in $1989$) to control the emission of ozone depleting substances 7,509 Jd. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. Depreciation is an allocation of the cost of an asset over time, and represents the decline in the value of an asset. When an item of property and equipment is revalued, accumulated depreciation is either restated proportionately with the change in the carrying amount of the assets or eliminated against the gross carrying amount of the asset and the net amount restated to the revalued amount. Which of the following statements regarding NMR spectroscopy is wrong? E) Equity investors fund the majority of the plans they consider. Which Of The Following Statements Regarding Depreciation Is Incorrect? Traditional outpatient settings include clinics, medical practices, hospital outpatient departments, and emergency rooms.b. force How much potential energy does a motorbike with a mass of 150 kg 50 m above the ground have?a. You may need to download version 2.0 now from the Chrome Web Store. An impairment loss is the excess of the carrying amount of an asset over the: asset's recoverable amount. B. b. b. which of the following does not belong to the group a. velocity b.area c.time. Which of the following statements is incorrect regarding capital account? 58. Question: Which of the following statements is incorrect? c. Accumulated depreciation represents a growing fund of cash. Terms Another way to prevent getting this page in the future is to use Privacy Pass. Which of the following statements regarding revaluation of asset is (are) incorrect? Please enable Cookies and reload the page. When an item of property and equipment is revalued, the entire class of property in which the asset belongs should be revalued. A) Equity investors expect to get their money back, along with a substantial capital gain, through the sale of their stock. It is appropriate for companies who use the cash based system to allocate these cost over the period of time that the asset is in use. B.The depreciation method used should best reflect the pattern A.Depreciation is an allocation of the cost of the asset over its useful life. Which of the following statements regarding hysteresis motor is in incorrect ? Credit increases the capital account balance C. Fresh capital increases the capital account balance D. Net income increases the capital account balance Answer: Option A a. Kale Co. purchased bonds at a discount on the open market as an investment and has the intent and ability to hold these bonds to maturity. O Depreciation expense from the income statement accumulates in the accumulated depreciation account on the balance sheet. A. (c) If magnetic field lines are parallel and equidistant, they represent zero field strength. Privacy d. Which of the following statements is incorrect regarding equity funding? A. Multiple Choice. Depreciation is a process of valuation. Which of the following statements is incorrect regarding the taxation of C corporations? (b) The vapour at 200°C consists mostly of S 8 rings. B) The balance sheet lists a firmʹs assets and liabilities. Performance & security by Cloudflare, Please complete the security check to access. Securities held primarily for sale in the near term to generate income on short-term price differences are known as? The direction of magnetic field at a point is taken to be the direction in which the north pole of a magnetic compass needle points. Which of the following statements about healthcare providers is incorrect?Which of the following statements about healthcare providers is incorrect?a. Which one of the following statements with regard to marketable securities is incorrect?? Cloudflare Ray ID: 608731410b16fdd1 a) NMR signals towards the left of the spectral chart correspond to larger chemical shifts. C. It allocated over the useful life of the asset. asset over its useful life. B)Taxable income of a personal service corporation is taxed at a flat rate of 35%. Dec 22,2020 - Which of the following statements is incorrect regarding the employment sector in India?a)The informal sector must be credited with creating jobs and keeping unemployment low.b)By most measures informal sector jobs are much worse than formal sector oneswages are, on average, more than 20 times higher in the formal sector, though informal sector wages have grown somewhat … Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. A. (a) S 2 molecule is paramagnetic. a. Credit increases the capital account balance C. Fresh capital increases the capital account balance D. Net income increases the capital account balance. | Select one: a. Which of the following statements is incorrect regarding magnetic field lines ? Depreciation is an allocation of the cost of an asset over time, and represents the use of the asset. A. Debit increases the capital account balance B. (a) The direction of magnetic field at a point is taken to be the direction in which the north pole a magnetic compass needle points. Which the following statements regarding accounting for natural resources is INCORRECT? The following statements regarding the U.S. religious and cultural landscape is incorrect: Religious diversity in the United States is limited to large cities on the east and west coast. Magnetic field lines are closed curves; C. Which of the following statements regarding mitochondria is incorrect ?Option 1)Outer membrane is permeable to monomers of carbohydrates, fats and proteins.Option 2)Enzymes of electron transport are embedded in outer membrane.Option 3)Inner membrane is convoluted with infoldings.Option 4)Mitochondrial matrix contains single circular DNA molecule and ribosomes. C) Equity funding is not a loan. 73,500c. Which of the following statements is incorrect regarding lysozyme present in saliva? its useful life. C.Depreciation is a measure of the asset's change in value. Which of the following statements is incorrect regarding internal-use software? Long-term care includes both healthcare and personal care services.c. C)A tax return must be filed whether or not the corporation has taxable income. C.Depreciation is a measure of the asset's change in value. Which of the following statements regarding depreciation is incorrect? 8-Which of the following statements is incorrect? Businesses with a net loss in a given tax year qualify to carry-forward the Bonus Depreciation to a future year C. Bonus Depreciation only covers new equipment D. 209.8 Jkindly explain • B) Angel investors are a common source of equity funding. Your IP: 66.70.227.184 The prokaryotes can be classified into one of two domains, archaea or bacteria, based on the structures that are present in the cell wall and based on characteristics of the plasma membrane. Solution for Which of the following statements is incorrect? Answer the following five questions:What is the depreciable amount of the equipment (i.e. b) Chemical shifts are larger when the frequencies of the radiation which induces the nuclear transitions are higher. Which of the following statements is incorrect regarding magnetic field lines? Which of the following statements regarding depreciation are incorrect? Which of the following statements regarding sulphur is incorrect ? D.Depreciation is a systematic allocation of the cost of the ; A. • A) For reasons of better productivity, healthy employees make fewer errors and must be replaced less frequently. Which of the following statements is most likely correct regarding the depreciation of property, plant and equipment under IFRS and U.S. GAAP? Agrokinsey follows the straight-line depreciation method. (c) At 600°C the gas mainly consists of S 2 molecules. Which of the following statements is incorrect regarding capital account? (a) Economic decisions arc time invariant. View desktop site. 8. & All prokaryotes are unicellular organisms that are abundant and contain many different species, some of which can even survive in very extreme environmental conditions. Which of the following is an incorrect statement regarding Bonus Depreciation? A) A loss on discontinued operations is reported with an addition for the applicable income tax. of usage of the asset over its useful life. Which of the following statements is incorrect regarding the responsibility of managers for dealing with stress in the workplace? (A) It acts as an antibacterial agent (B) It prevents infections B. D. incorrect? Scientists believe that the prokaryotes were the first living organisms on earth and that eukaryotes evolved from some type of prokaryotic cell. A product with a perfectly inelastic demand would see demand change as prices change. Changes in estimate should be handled in the current period only. a. A)The highest corporate marginal tax rate is 39%. c. When demand is price elastic, lower prices stimulate demand. Which of the following statements regarding depreciation is If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware.
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