Plant cost should include the hire rate for an operative and attendant labour True False

The statement "Plant cost should include the hire rate for an operative and attendant labour" is True.

Explanation

1. When calculating the total cost of equipment or machinery (plant cost), it is essential to consider all associated expenses. This includes not only the purchase or hire cost of the plant itself but also the expenses incurred for personnel who operate or maintain it.

2. The hire rate for an operative and attendant labor is a significant part of operational costs, directly related to the use of the plant. If these costs are not included, the financial assessment of using that plant will be incomplete, leading to potential misunderstandings about profitability and project budgeting.

3. Including these costs helps in accurate budgeting, financial forecasting, and resource allocation, ensuring that all operational costs are accounted for.

In conclusion, accurate plant cost assessment necessitates inclusivity of all relevant operational expenses, including labor costs.