Inadequacy Refers To

Multiple Choice

Inadequacy refers to:

A) The insufficient capacity of a company's property, plant and equipment to meet the company's growing production demands.
B) An asset that is worn out.
C) An asset that is no longer useful in producing goods and services.
D) The condition where the residual value is too small to replace the asset.
E) The condition where the asset's residual value is less than its cost.