Multiple Choice
Which of the following typically would cause the service life of an asset to be less than its physical life?
A) The company no longer provides the products or services associated with the use of the asset.
B) Suppliers may develop new technologies that are more efficient.
C) The expected rate of technological change may shorten service life.
D) All of these answer choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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