If There Is a Loss on the Disposal of a Depreciable

Multiple Choice

If there is a loss on the disposal of a depreciable asset:

A) no cash was received in the disposal transaction.
B) the net book value of the asset was negative.
C) in retrospect, the life over which the asset was depreciated was too short.
D) in retrospect, the depreciation expense recognized over the asset's life was too low.