Once Cost Is Established for a Plant Asset It Becomes

question 29

True/False

Once cost is established for a plant asset it becomes the basis of accounting for the asset unless the asset appreciates in value in which case market value becomes the basis for accountability.

---

Definitions:

Overall Tone

The general character or attitude of a piece of writing, situation, etc., often relating to how it is perceived emotionally.

Logical Order

A sequence that follows a systematic principle, allowing for coherent and understandable organization of ideas or elements.

Organization

A structured arrangement of people and resources designed to achieve specific goals and objectives.

Reader's Needs

The specific requirements or expectations of the audience that influence how written content should be tailored to ensure engagement and comprehension.