Knowledge management tasks include each of the following except
A) creating knowledge.
B) storing knowledge.
C) removing knowledge.
D) managing knowledge.
C
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Clyde operated a food distribution business. He leased a small warehouse in 2014 for $60,000 per year for a 3-year term. The lease was to start on July 1, 2014. Clyde paid the first 2 years' rent in advance in May 2014. Clyde then began to make monthly payments of $5,000 starting on July 1, 2016, and continuing on the first of the month for the balance of 2016. What rent expense may Clyde claim in 2016?
a) None of the answers are correct. b) $50,000 c) $60,000 d) $30,000
Which method of depreciation will result in the greatest depreciation charge in the last year of the asset's life?
a. 125% declining balance b. straight-line c. 150% declining balance d. sum-of-the-years' digits e. double declining balance