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  3. Study Set
    Fundamental Accounting Principles Study Set 6
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    Exam 10: Plant Assets, Natural Resources, and Intangibles
  5. Question
    The Useful Life of a Plant Asset Is
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The Useful Life of a Plant Asset Is

Question 128

Question 128

Multiple Choice

The useful life of a plant asset is:


A) The length of time it is productively used in a company's operations.
B) Never related to its physical life.
C) Its productive life,but not to exceed one year.
D) Determined by the FASB.
E) Determined by law.

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