An alternative to building conventional files is building a ________

Which statement is true concerning the straight-line method of depreciation?

a. Depreciation does not take salvage value into consideration b. Purchase cost is expensed in the year of acquisition c. Depreciation is recognized evenly over the estimated useful life of the asset d. Depreciation is equal to the proceeds received on sale less the amount paid to acquire the asset

What risk is faced by a U.S. life insurance company that buys British government bonds?

What will be an ideal response?