Examlex

Solved

If an Asset Is Fully Depreciated,but It Can Continue to Be

question 28

True/False

If an asset is fully depreciated,but it can continue to be used,the asset account and accumulated depreciation balance remain on the books,and no further depreciation is recorded.


Definitions:

Scapula

A flat, triangular bone located on the posterior side of the shoulder, also known as the shoulder blade.

Sagittal Suture

A cranial suture located between the two parietal bones of the skull, extending from the front to the back of the head.

Parietal Bones

Skull bones located on the sides of the head, forming the top and sides of the cranial cavity.

Occipital

Pertaining to the occiput, the posterior portion of the skull or the back of the head.

Related Questions