If a Fully Depreciated Asset with No Residual Value Is

question 273

Multiple Choice

If a fully depreciated asset with no residual value is "retired" to a junk yard without receiving any cash:

• A)a gain on disposal will be recorded.
• B)depreciation must be recorded as though the asset were still on the books.
• C)a loss on disposal will be recorded.
• D)no gain or loss on disposal will be recorded.

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Definitions:

Motor Milestones

Key developmental stages where a child gains new abilities in physical movement, such as crawling, walking, or grasping.

Environmental Dangers

Refers to potential threats from the surrounding environment that can harm living organisms or ecosystems.

Encourage Dependence

The act of fostering reliance by someone on something or someone else, potentially inhibiting their autonomy and self-sufficiency.

Gross Motor Development

The progression of physical abilities involving large muscle movements, such as walking, running, and jumping.