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External link to Question : 49.Conceptual change most consistent with which of the following theorist’s : 1200726
Psychology

Question : 49.Conceptual change most consistent with which of the following theorist’s : 1200726

  49.Conceptual change is most consistent with which of the following theorist’s explanations? a.Skinner’s view that learning is determined by the consequence of behavior b.Gagné’s view that scripted teacher behaviors lead to effective concept learning c.Piaget’s view of disequilibrium, accommodation, and assimilation. d.Ausubel’s view that organized bodies of knowledge should be systematically taught   50.Which of the following is not one of the three types […]

External link to Question : 91.The construct of ______represents the belief that behavior involves an : 1231105
Psychology

Question : 91.The construct of ______represents the belief that behavior involves an : 1231105

  91.The construct of ______represents the belief that behavior involves an interrelationship between personality traits and situational factors. A)eclecticism B)interactive associationism C)reciprocal determinism D)self-efficacy expectations E)interactionism 92.Which of the following has NOT been voiced as a criticism of trait theories? A)They merely label rather than explain personality. B)They assume behavior is relatively stable. C)They cannot be measured by psychological inventories. D)They ignore situational influences and […]

External link to Question : 41. Joey has shot up in height over the past : 1254560
Psychology

Question : 41. Joey has shot up in height over the past : 1254560

  41. Joey has shot up in height over the past year, has developed a deeper voice, and is starting to grow facial hair. He is preoccupied with the pursuit of independence and identity and is spending more time with friends and less with family. Which of the following periods of development is Joey in? a. Middle childhood b. Adolescence c. Early adulthood d. Late […]

External link to Question : 99.Research indicates that, of the following, the most common study : 1200733
Psychology

Question : 99.Research indicates that, of the following, the most common study : 1200733

  99.Research indicates that, of the following, the most common study strategy is: a.elaborative questioning. b.highlighting. c.summarizing. d.note taking.       100.Which of the following is the most important in a study strategy’s effectiveness? a.The act of performing the strategy (such as the act of taking notes). b.The detail involved in the strategy (such as taking comprehensive notes). c.The memorization involved in the strategy (such […]

External link to Question : 11.Among the sources of errors that can occur in the : 1181906
Psychology

Question : 11.Among the sources of errors that can occur in the : 1181906

  11.Among the sources of errors that can occur in the interview are a.the clinician being much more intelligent than the client. b.malingering and impression management. c.client biases about the interview process. d.all of the above 12.In order to improve informal observation methods, clinicians should a.lengthen the first interview session to facilitate the sharing of anecdotal information. b.consult with other clinicians about information obtained during […]

External link to Question : Intelligence 1.  The statement “the ability to acquire and use : 1200673
Psychology

Question : Intelligence 1.  The statement “the ability to acquire and use : 1200673

Intelligence   1.  The statement “the ability to acquire and use knowledge, solve problems and reason in the abstract, and adapt to new situations in the environment” most closely relates to a description of: a.intelligence. b.learning style. c.field dependence/independence. d.achievement.   2.  Which of the following factors has the greatest influence on intelligence test performance? a.Experience b.Gender c.Birth order d.Temperament   3.  Which theorist suggests […]

External link to Question : Students Who Are Gifted and Talented     108.  Which of the : 1200678
Psychology

Question : Students Who Are Gifted and Talented     108.  Which of the : 1200678

  Students Who Are Gifted and Talented       108.  Which of the following characteristics is most likely to be found in students who are gifted and talented? a.High personal standards for achievement b.Low motivation for challenging tasks c.Decreased social skills d.Increased emotional disorders       109.Louis Terman and his colleagues found several characteristics of people who were gifted. Which of the following is not […]

External link to Question : 11. Jane a calm and composed person, who believes in working : 1252600
Psychology

Question : 11. Jane a calm and composed person, who believes in working : 1252600

    11. Jane is a calm and composed person, who believes in working patiently. She hates the idea of employees working aggressively to win more incentives than their coworkers. She is cooperative with her coworkers and helps them whenever they are in need. Jane is a _____ individual.  A. Type C B. Type A C. Type B D. Type D     12. Neil, a team lead in an advertising […]

External link to Question : 31. Which of the following stages of development that a baby : 1252546
Psychology

Question : 31. Which of the following stages of development that a baby : 1252546

    31. Which of the following stages of development that a baby goes through is CORRECTLY matched with a description or milestone?  A. Germinal; the organism grows from one to hundreds of cells B. Perinatal; the first cell is formed by the union of an egg and sperm C. Embryonic; facial features become similar to those that the child will display at birth D. Fetal; the fertilization of the […]

External link to Question : 1. John Stossel conducting an investigation for his upcoming segment the : 1201822
Psychology

Question : 1. John Stossel conducting an investigation for his upcoming segment the : 1201822

1. John Stossel is conducting an investigation for his upcoming segment on the TV show “20/20.” This segment will focus on the study of “patterns of thinking and behaving that are maladaptive, disruptive, and/or uncomfortable.” In other words, John is investigating  A. psychoneuroimmunology. B. psychopathology. C. psychophysics. D. psychoanalysis. 2. Which of the following statements is true about psychological disorders in the United States?  A. In any given year, about 30 percent […]

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July 1, 2023
    

 

51. Mark the correct answer. In calculating depreciation:

a. Straight-line depreciation is higher than double declining balance depreciation in the early years.

b. Straight-line depreciation is higher than double declining balance depreciation in the later years.

c. Double declining balance is a method of straight-line depreciation.

d. MACRS depreciation requires that salvage value be taken into account.

52. Mark the correct statement.

a. Residential real property is depreciated over 39 years.

b. Nonresidential real property is depreciated over 27.5 years.

c. Nonresidential real property is depreciated over 39 years.

d. Depreciation on real property starts at the beginning of the year in which the property is placed in service.

53. During 2014, Travis purchases $13,000 of used manufacturing equipment (7-year property) for use in his business, his only asset purchase that year. Travis has taxable income from his business of $500,000. What is the maximum amount that Travis may deduct under the election to expense?

a. $0

b. $13,000

c. $25,000

d. $500,000

e. None of the above

54. Aaron has a successful business with $50,000 of income in 2014. He purchased a new 7-year MACRS property with a cost of $7,000. For tax purposes, what is the largest write-off Aaron can obtain in 2014 for the new asset?

a. $500

b. $1,000

c. $3,500

d. $7,000

55. Taxpayers choosing the election to expense:

a. May depreciate the amount of the asset cost that exceeds the amount allowed under the election to expense.

b. Will have the maximum that can be expensed under the election reduced by $0.50 for each dollar by which the cost of the asset acquired exceeds a specified limit.

c. May not carry over any amounts elected which are not allowed because of taxable income limitations.

d. May expense a $125,000 automobile so long as it is used 100 percent for business.

56. On January 1, 2014, Sandy, a sole proprietor, purchased for use in her business a used production machine (7-year property) at a cost of $4,000. Sandy does not purchase any other property during 2014 and has net income from her business of $80,000. If the standard recovery period table would allow $572 of depreciation expense on the $4,000 of equipment purchased in 2014, what is Sandy's maximum depreciation deduction including the Section 179 election to expense (but not bonus depreciation) for 2014?

a. $572

b. $4,000

c. $4,572

d. $25,000

e. None of the above

57. What is the maximum depreciation expense deduction for Year 2 (2015) for a passenger automobile, used 100 percent for qualified business use, placed in service on June 15, 2014 and costing $14,000 (the election to expense is not made and no bonus depreciation was taken)?

a. $2,800

b. $3,160

c. $4,480

d. $5,100

e. None of the above

58. Jasper is a self-employed businessman. On March 5, 2014 he purchases a personal computer for use at his home. He uses the computer for personal purposes 50 percent of the time and for business use the remainder of the time. The computer cost $2,300. Jasper wants to claim the maximum amount of depreciation possible for 2014, including the election to expense, if it is available. What is the amount of depreciation that Jasper should claim on the computer for 2014?

a. $2,300

b. $1,150

c. $460

d. $230

e. Some amount less than the above amounts

59. On June 1, 2014, Sandalwood Corporation purchases a passenger automobile for 100 percent use in its business. The automobile is in the 5 year cost recovery class and has a basis for depreciation of $30,000. Assuming that the corporation elects the accelerated method of cost recovery for the asset and does not elect to expense any of its cost or take bonus depreciation, what is the total tax depreciation deduction for the 2014 calendar tax year (Year 1)?

a. $3,060

b. $3,160

c. $4,287

d. $6,000

e. None of the above

60. Which one of the following may not be depreciated using an accelerated method?

a. A farming tractor

b. A computer used strictly for the farming business

c. A corn-husking machine

d. A farm truck that is operated for personal use more than 50 percent of the time

e. All of the above items may be depreciated using an accelerated method

 

 

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July 1, 2023
    

 

51. Mark the correct answer. In calculating depreciation:

a. Straight-line depreciation is higher than double declining balance depreciation in the early years.

b. Straight-line depreciation is higher than double declining balance depreciation in the later years.

c. Double declining balance is a method of straight-line depreciation.

d. MACRS depreciation requires that salvage value be taken into account.

52. Mark the correct statement.

a. Residential real property is depreciated over 39 years.

b. Nonresidential real property is depreciated over 27.5 years.

c. Nonresidential real property is depreciated over 39 years.

d. Depreciation on real property starts at the beginning of the year in which the property is placed in service.

53. During 2014, Travis purchases $13,000 of used manufacturing equipment (7-year property) for use in his business, his only asset purchase that year. Travis has taxable income from his business of $500,000. What is the maximum amount that Travis may deduct under the election to expense?

a. $0

b. $13,000

c. $25,000

d. $500,000

e. None of the above

54. Aaron has a successful business with $50,000 of income in 2014. He purchased a new 7-year MACRS property with a cost of $7,000. For tax purposes, what is the largest write-off Aaron can obtain in 2014 for the new asset?

a. $500

b. $1,000

c. $3,500

d. $7,000

55. Taxpayers choosing the election to expense:

a. May depreciate the amount of the asset cost that exceeds the amount allowed under the election to expense.

b. Will have the maximum that can be expensed under the election reduced by $0.50 for each dollar by which the cost of the asset acquired exceeds a specified limit.

c. May not carry over any amounts elected which are not allowed because of taxable income limitations.

d. May expense a $125,000 automobile so long as it is used 100 percent for business.

56. On January 1, 2014, Sandy, a sole proprietor, purchased for use in her business a used production machine (7-year property) at a cost of $4,000. Sandy does not purchase any other property during 2014 and has net income from her business of $80,000. If the standard recovery period table would allow $572 of depreciation expense on the $4,000 of equipment purchased in 2014, what is Sandy's maximum depreciation deduction including the Section 179 election to expense (but not bonus depreciation) for 2014?

a. $572

b. $4,000

c. $4,572

d. $25,000

e. None of the above

57. What is the maximum depreciation expense deduction for Year 2 (2015) for a passenger automobile, used 100 percent for qualified business use, placed in service on June 15, 2014 and costing $14,000 (the election to expense is not made and no bonus depreciation was taken)?

a. $2,800

b. $3,160

c. $4,480

d. $5,100

e. None of the above

58. Jasper is a self-employed businessman. On March 5, 2014 he purchases a personal computer for use at his home. He uses the computer for personal purposes 50 percent of the time and for business use the remainder of the time. The computer cost $2,300. Jasper wants to claim the maximum amount of depreciation possible for 2014, including the election to expense, if it is available. What is the amount of depreciation that Jasper should claim on the computer for 2014?

a. $2,300

b. $1,150

c. $460

d. $230

e. Some amount less than the above amounts

59. On June 1, 2014, Sandalwood Corporation purchases a passenger automobile for 100 percent use in its business. The automobile is in the 5 year cost recovery class and has a basis for depreciation of $30,000. Assuming that the corporation elects the accelerated method of cost recovery for the asset and does not elect to expense any of its cost or take bonus depreciation, what is the total tax depreciation deduction for the 2014 calendar tax year (Year 1)?

a. $3,060

b. $3,160

c. $4,287

d. $6,000

e. None of the above

60. Which one of the following may not be depreciated using an accelerated method?

a. A farming tractor

b. A computer used strictly for the farming business

c. A corn-husking machine

d. A farm truck that is operated for personal use more than 50 percent of the time

e. All of the above items may be depreciated using an accelerated method

 

 

default image
July 1, 2023
    

 

51. Mark the correct answer. In calculating depreciation:

a. Straight-line depreciation is higher than double declining balance depreciation in the early years.

b. Straight-line depreciation is higher than double declining balance depreciation in the later years.

c. Double declining balance is a method of straight-line depreciation.

d. MACRS depreciation requires that salvage value be taken into account.

52. Mark the correct statement.

a. Residential real property is depreciated over 39 years.

b. Nonresidential real property is depreciated over 27.5 years.

c. Nonresidential real property is depreciated over 39 years.

d. Depreciation on real property starts at the beginning of the year in which the property is placed in service.

53. During 2014, Travis purchases $13,000 of used manufacturing equipment (7-year property) for use in his business, his only asset purchase that year. Travis has taxable income from his business of $500,000. What is the maximum amount that Travis may deduct under the election to expense?

a. $0

b. $13,000

c. $25,000

d. $500,000

e. None of the above

54. Aaron has a successful business with $50,000 of income in 2014. He purchased a new 7-year MACRS property with a cost of $7,000. For tax purposes, what is the largest write-off Aaron can obtain in 2014 for the new asset?

a. $500

b. $1,000

c. $3,500

d. $7,000

55. Taxpayers choosing the election to expense:

a. May depreciate the amount of the asset cost that exceeds the amount allowed under the election to expense.

b. Will have the maximum that can be expensed under the election reduced by $0.50 for each dollar by which the cost of the asset acquired exceeds a specified limit.

c. May not carry over any amounts elected which are not allowed because of taxable income limitations.

d. May expense a $125,000 automobile so long as it is used 100 percent for business.

56. On January 1, 2014, Sandy, a sole proprietor, purchased for use in her business a used production machine (7-year property) at a cost of $4,000. Sandy does not purchase any other property during 2014 and has net income from her business of $80,000. If the standard recovery period table would allow $572 of depreciation expense on the $4,000 of equipment purchased in 2014, what is Sandy's maximum depreciation deduction including the Section 179 election to expense (but not bonus depreciation) for 2014?

a. $572

b. $4,000

c. $4,572

d. $25,000

e. None of the above

57. What is the maximum depreciation expense deduction for Year 2 (2015) for a passenger automobile, used 100 percent for qualified business use, placed in service on June 15, 2014 and costing $14,000 (the election to expense is not made and no bonus depreciation was taken)?

a. $2,800

b. $3,160

c. $4,480

d. $5,100

e. None of the above

58. Jasper is a self-employed businessman. On March 5, 2014 he purchases a personal computer for use at his home. He uses the computer for personal purposes 50 percent of the time and for business use the remainder of the time. The computer cost $2,300. Jasper wants to claim the maximum amount of depreciation possible for 2014, including the election to expense, if it is available. What is the amount of depreciation that Jasper should claim on the computer for 2014?

a. $2,300

b. $1,150

c. $460

d. $230

e. Some amount less than the above amounts

59. On June 1, 2014, Sandalwood Corporation purchases a passenger automobile for 100 percent use in its business. The automobile is in the 5 year cost recovery class and has a basis for depreciation of $30,000. Assuming that the corporation elects the accelerated method of cost recovery for the asset and does not elect to expense any of its cost or take bonus depreciation, what is the total tax depreciation deduction for the 2014 calendar tax year (Year 1)?

a. $3,060

b. $3,160

c. $4,287

d. $6,000

e. None of the above

60. Which one of the following may not be depreciated using an accelerated method?

a. A farming tractor

b. A computer used strictly for the farming business

c. A corn-husking machine

d. A farm truck that is operated for personal use more than 50 percent of the time

e. All of the above items may be depreciated using an accelerated method

 

 

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