Which of the following statements are true? Select all that apply A plant investment is always paid and depreciated in the area where the investment is made. A plant investment is paid by the parent company. The simulation uses the declining balance method for depreciation.

Question

Which of the following statements are true? Select all that apply A plant investment is always paid and depreciated in the area where the investment is made. A plant investment is paid by the parent company. The simulation uses the declining balance method for depreciation.

Answer 1

The correct options are:- "A plant investment is paid by the parent company."- "The simulation uses the declining balance method for depreciation."

Answer 2

1. "A plant investment is always paid and depreciated in the area where the investment is made." - This statement is not necessarily true. Depreciation and payment can be managed by the parent company or another entity, depending on the company's accounting practices and structure.2. "A plant investment is paid by the parent company." - This statement can be true if the parent company is responsible for financing the investment. However, it is not a universal rule as subsidiaries may also finance their own investments.3. "The simulation uses the declining balance method for depreciation." - This statement is specific to the context of the simulation mentioned. If the simulation explicitly states that it uses the declining balance method, then this statement would be true.

Question

Which of the following statements are true? Select all that apply A plant investment is always paid and depreciated in the area where the investment is made. A plant investment is paid by the parent company. The simulation uses the declining balance method for depreciation.

Answer

Answer

Explanation