If the Proceeds from the Sale of a Plant Asset

question 171

True/False

If the proceeds from the sale of a plant asset exceed its book value a gain on disposal occurs.

---

Definitions:

Self-Worth

An individual's internal sense of value and esteem, reflecting how they perceive their own worthiness and significance.

Overall Worth

The total perceived value or importance of an object, individual, or concept, encompassing various dimensions such as economic, emotional, and societal.

Personal Self-Esteem

A person's personal assessment of their value or capabilities.

Motivated

Having the drive, desire, or willingness to act or accomplish something.