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NEW QUESTION: 1

A. Option C
B. Option A
C. Option F
D. Option D
E. Option G
F. Option B
G. Option E
Answer: A,B,E,F

NEW QUESTION: 2

A. Option D
B. Option A
C. Option B
D. Option C
E. Option E
Answer: A,B

NEW QUESTION: 3
Which of the following statements about test reports are TRUE?
I. Test reports shall be approved by the test team.
II. Test reports shall give stakeholders information as basis for decisions.
III. Test reports shall summarize what happened through a period of testing.
IV. Test reports shall be approved by the development team, the test team and the customer.
V. Test reports shall include information about remaining risks.
A. II, III, V
B. I, III, V
C. II, III, IV
D. I, II, IV
Answer: A
Explanation:
Section: (none)

NEW QUESTION: 4
A piece of equipment costs $200,000, has a useful life of 5 years and an estimated salvage value of
$50,000. How much depreciation expense should the company recognize in year 4 if it is using the sum-of- the- years' digits method of depreciation?
A. $20,000
B. $26,666.67
C. $30,000
D. $80,000
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Using the sum-of-the-years' digits the sum of the years is 15. In year 4 you would take 2/15 of the cost less the salvage value. 2/15 of $150,000 is equal to $20,000.

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