{"id":200778,"date":"2018-09-13T22:21:44","date_gmt":"2018-09-13T22:21:44","guid":{"rendered":"http:\/\/localhost\/wordpress\/index.php\/2018\/09\/13\/acct-304-week-3-quiz\/"},"modified":"2018-10-24T09:10:29","modified_gmt":"2018-10-24T09:10:29","slug":"acct-304-week-3-quiz","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/acct-304-week-3-quiz\/","title":{"rendered":"ACCT 304 Week 3 Quiz"},"content":{"rendered":"<p>1.\u00a0(TCO 4)In the first year of an asset&#8217;s life, which of the following methods has the smallest depreciation?\t2.\u00a0(TCO 4)Depletion refers to the cost allocation for:\t3.\u00a0(TCO 4)Depreciation, depletion, and amortization:\t4.\u00a0(TCO 4)Cutter Enterprises purchased equipment for $72,000 on January 1, 2011. The equipment is expected to have a five-year life and a residual value of $6,000. Using the straight-line method, the book value at December 31, 2011 would be:\t5.\u00a0(TCO 4)A change from the straight-line method to the sum-of-years&#8217;-digits method of depreciation is handled as:<\/p>\n","protected":false},"excerpt":{"rendered":"<p>1.\u00a0(TCO 4)In the first year of an asset&#8217;s life, which of the following methods has the smallest depreciation? 2.\u00a0(TCO 4)Depletion refers to the cost allocation for: 3.\u00a0(TCO 4)Depreciation, depletion, and amortization: 4.\u00a0(TCO 4)Cutter Enterprises purchased equipment for $72,000 on January <a href=\"https:\/\/www.benedictsol.com\/blogs\/acct-304-week-3-quiz\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-200778","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/200778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=200778"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/200778\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=200778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=200778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=200778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}