Fully depreciated assets have a positive book value, and so any proceeds from sale at disposal are taxable gains

Indicate whether the statement is true or false.

Answer: FALSE
Explanation: Fully depreciated assets have A BOOK VALUE OF ZERO, and so any proceeds from sale at disposal are taxable gains.

Business

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When is a country said to move into a recession?

a) If actual output falls below the potential level of output. b) If actual output falls below the trend level of output. c) If actual output falls. d) If actual output falls for two consecutive quarters of a year.

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An attempt to decide why someone behaves in a certain way is a(n) ________

A) attribution B) bias C) schema D) justification

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