QUESTION 9

1. What are the different methods for calculating depreciation

   		exponential
   		Double-Declining Balance
   		Sum of the years' digits
   		Ignor Depreciation if you want
   		straight-line

8 points

QUESTION 10

1. What causes a decrease in Accounts Receivable?

   		Customer purchase items on Credit
   		Payments from customers on prior purchase
   		Customers purchase items with Cash
   		Company spending cash on Inventory

5 points

QUESTION 11

1. There is a Decrease in Long Term Debt if a company pays extra on a Long term note due to a very high interest rate.

   True

   False