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    Auditing A Business Risk Approach
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    Exam 13: Audit of Long-Lived Assets and Related Expense Accounts
  5. Question
    Decommission Costs for Fixed Assets,e
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Decommission Costs for Fixed Assets,e

Question 88

Question 88

Multiple Choice

Decommission costs for fixed assets,e.g. ,a power plant,must be recognized over what period of time?


A) when the plant is built.
B) over the life of the plant.
C) when the plant is decommissioned.
D) Either B or C is acceptable.

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