Which One of the Following Is Not a Factor That

question 102

Multiple Choice

Which one of the following is not a factor that limits the service life of an asset?

• A)operational use
• B)adequacy
• C)deterioration as a function of time
• D)obsolescence

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Definitions:

Money Supplied

A rephrased definition: The total volume of money provided or injected into the economy by various sources, including but not limited to monetary authorities.

Real GDP

The inflation-adjusted value of all goods and services produced within a country's borders in a specific time period, reflecting the actual growth of an economy.

Interest Rate

The amount charged by a lender to a borrower for the use of assets, usually expressed as a percentage of the principal.

Quantity of Money

This refers to the total amount of money available in an economy at a specific time, encompassing physical currency and deposits in banks.