Capital budgeting purposes an assets depreciable life

Assignment Help Financial Accounting

Reference no: EM13865050

1. Direct labor is:

a prime cost

a conversion cost

Both Prime and Conversion

none the the above

2. For capital budgeting purposes an assets depreciable life is

A) always equal to the time horizon of an evaluation.

B) Equal to the asset's useful life. <-- My answer

C) equal to the asset's economic life.

D) none of the above

Reference no: EM13865050

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