A Fully Depreciated Asset Must Be

question 52

Multiple Choice

A fully depreciated asset must be:

• A) removed from the books.
• B) kept on the books until sold or discarded.
• C) disclosed only in the notes to the financial statements.
• D) recognized on the income statement as a loss.

---

Definitions:

Walkaround

An informal inspection or tour of a workplace or facility for evaluation or informational purposes.

OSHA Inspector

A professional responsible for enforcing safety and health standards in workplaces, employed by the Occupational Safety and Health Administration (OSHA).

Lifting Techniques

Approaches and methods used to lift objects safely, aiming to minimize the risk of injury.

Safety Posters

Visual tools used in workplaces to promote safety practices and awareness among employees to prevent accidents and injuries.