Author Question: The original cost of an asset less the trade-in or salvage value of an asset equals the depreciable ... (Read 124 times)

vicotolentino

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The original cost of an asset less the trade-in or salvage value of an asset equals the depreciable cost of that asset.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

Under which of the following circumstances will a government maintain a Pension Trust Fund?
 
  a. the government contributes to a defined benefit pension plan
  b. the government sponsors a defined benefit pension plan
  c. the government contributes to a defined contribution pension plan
  d. the government has an unfunded actuarial pension liability



Yixagurpuldink

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Answer to Question 1

True

Answer to Question 2

b



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