Firms favour assets with high CCA rates because:
A) their choice impacts project net present value favourably.
B) it reduces the total amount of taxes paid over the project's life.
C) they increase net accounting profits over the project's life.
D) they have longer economic lives.
Answer: A) their choice impacts project net present value favourably.
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Marcus employs a real estate broker, Dean, to sell his house. Dean's express powers are to advertise and market the house for sale, show the house to prospective buyers, and accept offers from them
He is not allowed to seal a deal without Marcus' consent. Marcus goes away on a month-long trip where he cannot be contacted. During this time, a short circuit in the house causes a power outage. Dean uses his authority to hire an electrician to repair the circuits and restore electricity in the house. Marcus then comes back and pays Dean for the repairs. What is the nature of the agency that Dean used to fix the problem in the house? A) implied agency B) agency by ratification C) power of attorney D) express agency
Employers and employment agencies use blogging to conduct background checks on job applicants
Indicate whether this statement is true or false.