Once an Asset Is Fully Depreciated No Additional Depreciation Can

question 67

True/False

Once an asset is fully depreciated no additional depreciation can be taken even though the asset is still being used by the business.

---

Definitions:

Predictable

Predictable refers to the quality of being expected or foreseen based on patterns, behaviors, or known information.

Cope

To manage or deal with challenges or distress in an effective way, often involving problem-solving or emotional adjustment.

Avoidance-avoidance Conflict

A psychological conflict that occurs when an individual must choose between two equally unattractive options.

Turkey Sandwich

A sandwich typically made with slices of turkey among other ingredients such as lettuce, tomato, and mayonnaise, often served on bread.