When a Business Is Considering Whether to Replace Old Equipment

question 126

True/False

When a business is considering whether to replace old equipment with newer equipment, the original cost of the old equipment-compared to the cost of the new equipment-is information relevant to the business decision.

---

Definitions:

United States

A country located in North America, comprising 50 states and known for its significant influence in global economics, politics, and culture.

Stack

A collection or pile of objects arranged one atop another.

Blocks

Solid pieces of hard material with flat surfaces used for construction or as toys.

Infants

Young babies, typically under one year of age.