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  3. an asset is said to be fully depreciated when: mul

An asset is said to be fully depreciated when: Multiple Choice Amortization is...

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Question

Accounting

An asset is said to be fully depreciated when:

Multiple Choice

  • Amortization is nearly complete.

  • It is unable to meet its productive demands.

  • Accumulated depreciation is less than the assets cost.

  • Accumulated depreciation equals the assets cost.

  • It is outdated and no longer used.

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