menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Fundamentals of Financial Accounting Study Set 3
  4. Exam
    Exam 9: Long-Lived Tangible and Intangible Assets
  5. Question
    The Useful Life of an Asset Is Always Measured in Years
Solved

The Useful Life of an Asset Is Always Measured in Years

Question 85

Question 85

True/False

The useful life of an asset is always measured in years.
BT: Knowledge

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q80: During 2007,Company X sells 500,000 units for

Q82: Intangibles with unlimited or indefinite lives (trademarks

Q83: ,the company sold the vehicle for $6,000

Q84: A trucking company sold its fleet of

Q84: The intangible asset most frequently reported by

Q86: A piece of equipment was acquired on

Q87: Expenditures on self-created intangible assets are accounted

Q88: Paul Hauling has a fleet of 10

Q89: Intangible assets are not adjusted for asset

Q90: What would be the amount of amortization

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines