When an Asset Ceases to Have Future Value It Should

question 12

True/False

When an asset ceases to have future value it should be expensed.

---

Definitions:

Democratic Principles

Foundational ideas that support fairness, equality, and the participation of citizens in government decisions or policies.

Citizenship Values

Ethical standards and behaviors that relate to an individual's responsibilities, contributions, and participation within a society or community.

Community

A group of people living in the same place or having a particular characteristic in common, often marked by a sense of fellowship and shared values.

Marketization

The process by which sectors not traditionally subject to market forces are exposed to competitive pressures, often through privatisation or deregulation.