Which of the Following Is Correct for a Fully Depreciated

question 79

Multiple Choice

Which of the following is correct for a fully depreciated asset?

• A)market value is zero.
• B)market value is greater than book value.
• C)book value is greater than market value.
• D)the relationship between market and book values is indeterminable.

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Definitions:

Hemophilia

A genetic disorder in which blood does not clot properly.

Blood Clot

A mass formed by platelets and fibrin in the blood to prevent bleeding, which can sometimes lead to pathological blockages.

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A sedative used in the 1960s that has been linked to birth defects, especially deformed or absent limbs.

Insomnia

A sleep disorder characterized by difficulty falling and/or staying asleep.