Inadequacy Refers To

question 55

Multiple Choice

Inadequacy refers to:

• A) The insufficient capacity of a company's property, plant and equipment to meet the company's growing production demands.
• B) An asset that is worn out.
• C) An asset that is no longer useful in producing goods and services.
• D) The condition where the residual value is too small to replace the asset.
• E) The condition where the asset's residual value is less than its cost.