Where an Addition to or Extension of a Depreciable Asset

question 46

True/False

Where an addition to or extension of a depreciable asset is separable from the original asset and able to be used after that asset is disposed of,the extension or addition should still be depreciated over the life of the original asset.

---

Definitions:

Goal-setting

The process of identifying specific, measurable, achievable, relevant, and time-bound objectives.

Targets

Specific goals or objectives that an individual or organization aims to achieve within a defined time frame.

Objectives

Specific, measurable goals set by a business or individual aimed at achieving a particular outcome.

Instrumentalities

The perceived relationship between performing a specific behavior and achieving a certain outcome, key in understanding motivation.