超星 - Assignment 7 - 查题吧

单选题

Atthebeginningoflastyear,BettyCorporationpurchasedapieceofheavyequipmentfor$34,000.Theequipmenthasalifeof100,000hours.Theestimatedresidualvalueis$4,000.Bettyusedtheequipmentfor22,000hourslastyearand25,000hoursthisyear.Depreciationexpenseforyear2usingunits-of-productionwouldbe:

A. $8,500
B. $8,000
C. $7,500
D. $7,000

单选题

Atthebeginningoflastyear,BettyCorporationpurchasedapieceofheavyequipmentfor$34,000.Theequipmenthasalifeoffiveyears.Theestimatedresidualvalueis$4,000.Depreciationexpenseforyear2usingdouble-declining-balancewouldbe:

A. $7,200
B. $7,520
C. $8,060
D. $8,160

单选题

Whichofthefollowingcostswillnotbeexpensedonacompany’sincomestatement?

A. Thecostofthecompany’sland.
B. Thecostofthecompany’sofficebuilding.
C. Thecostofthecompany’sdesk.
D. Thecostofthecompany’scomputer.

单选题

Thedepreciationprocessfollowsthe________principle.

A. revenuerecognition
B. expenserecognition
C. disclosure
D. consistency

单选题

Anassetis________whenanotherassetcandothejobmoreefficiently.

A. fullydepreciated
B. old
C. physicallyworn
D. obsolete

单选题

Whichofthefollowingdepreciationmethodsbestappliestothoseassetsthatgenerategreaterrevenueearlierintheirusefullives?

A. Straight-linemethod
B. Depletionmethod
C. Double-declining-balancemethod
D. Units-of-productionmethod

单选题

Allofthefollowingareneededtomeasuredepreciation,EXCEPTfor:

A. cost.
B. marketvalue.
C. estimatedusefullife.
D. estimatedresidualvalue.

单选题

Whencomparedtotheothermethodsofdepreciation,thedouble-declining-balancemethodofdepreciationgivesdepreciationexpensethatis:

A. lessintheearlierperiods.
B. higherintheearlierperiods.
C. approximatelythesameinearlierperiodsaswithothermethods.
D. thesamefromyeartoyear.

单选题

Thejournalentrytorecorddepreciationexpenseis:

A. debitDepreciationExpense,credittheassetaccount.
B. debitAccumulatedDepreciation,credittheassetaccount.
C. debittheassetaccount,creditAccumulatedDepreciation.
D. debitDepreciationExpense,creditAccumulatedDepreciation.

单选题

Asadepreciableplantassetisusedinoperations:

A. accumulateddepreciationincreasesandthebookvalueoftheassetincreases.
B. accumulateddepreciationincreasesandthebookvalueoftheassetdecreases.
C. accumulateddepreciationremainsthesameandthebookvalueoftheassetdecreases.
D. accumulateddepreciationincreasesandthebookvalueoftheassetremainsthesame.

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