The Term Inadequacy,as It Relates to the Useful Life of an Asset,refers

Multiple Choice

The term inadequacy,as it relates to the useful life of an asset,refers to:

A) The insufficient capacity of a company's plant assets 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 salvage value is too small to replace the asset.
E) The condition where the asset's salvage value is less than its cost.