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Which of the following should not be classified as property, plant and equipment?
Fixed Assets
Enduring assets with physical presence utilized in business activities, not foreseen to be liquidated or changed to cash within twelve months.
Depreciable Cost
The difference between a fixed asset’s initial cost and its residual value.
Acquisition Cost
The total cost associated with acquiring an asset, including the purchase price and any additional expenses necessary to get the asset ready for use.
Double-Declining-Balance
A method of accelerated depreciation that doubles the straight-line depreciation rate; it applies this rate to the book value of the asset at the beginning of each year.
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