When a Plant Asset Is Disposed Of,the Business Must ________

question 3

Multiple Choice

When a plant asset is disposed of,the business must ________.

• A) immediately replace it
• B) ensure that the plant asset is obsolete or worn out
• C) comply with the conservatism principle and record losses but not gains
• D) bring the depreciation up to date

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Definitions:

Dopamine

A neurotransmitter in the brain that plays an important role in positive emotions and response to reward.

Norepinephrine

An important neurotransmitter in the brain that is associated with responses to stress; also called noradrenaline.

Dendrites

Branch-like structures of neurons that receive messages from other neurons.

Axons

Long, slender projections of nerve cells that transmit electrical impulses away from the neuron's cell body to other neurons, muscles, or glands.