Multiple Choice
Which one of the following items is not a consideration when recording periodic depreciation expense on plant assets?
A) Residual value
B) Estimated useful life
C) Cash needed to replace the plant asset
D) Cost
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q85: How is a gain or loss on
Q105: Ordinary repairs which maintain operating efficiency and
Q233: The depreciable cost of a plant asset
Q270: A loss on disposal of a plant
Q319: Farr Company purchased a new van for
Q321: If fully depreciated equipment that cost $10,000
Q324: A truck costing $154,000 was destroyed when
Q326: DeLong Corporation purchased land adjacent to its
Q327: Tidwell Company sold the following two machines
Q328: Development costs incurred after technological feasibility has