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  3. Study Set
    Horngrens Accounting Study Set 2
  4. Exam
    Exam 10: Property, Plant, and Equipment; Goodwill; and Intangibles
  5. Question
    The Only Requirement an Asset Must Meet in Order for It
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The Only Requirement an Asset Must Meet in Order for It

Question 75

Question 75

True/False

The only requirement an asset must meet in order for it to be recorded as property, plant, and equipment is that it have a useful life beyond one year.

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