Which of the Following Statements Is Not a Reason for Disposing

question 13

Multiple Choice

Which of the following statements is not a reason for disposing of an asset earlier than expected?

• A)The efficiency of the asset deteriorates faster than expected.
• B)The asset becomes obsolete owing to technological change.
• C)The asset's service potential is greater than the entity's requirements.
• D)None of the given options.

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Definitions:

Experience

The knowledge or skill acquired by a person through direct involvement in or exposure to events, activities, or phenomena.

Saving Face

The act of maintaining respect, dignity, or honor in a social context, often by avoiding embarrassment or distress.

Cultural Elements

Components that define the traditions, values, norms, and practices of a culture, shaping its identity and influencing behavioral patterns.

Perception

The process by which individuals interpret and organize sensory information to give meaning to their environment.