Which of the following represents a current asset?

Albert is called to testify in a civil action about the value of a property. If, while appraising the property, Albert uses the observed condition method to determine depreciation, which of the following would he most likely consider?

a. economic obsolescence b. functional obsolescence c. physical deterioration d. all of the above

A characteristic of direct mail is _____

a. a long lead time b. a targeted audience c. low flexibility d. good editorial content