Which of the following assets does not decline in service potential over the course of its useful life?Group of answer choicesLandFurnishingsEquipmentFixtures
Question
Solution 1
To determine which of the following assets does not decline in service potential over the course of its useful life, we need to consider the nature of each asset.
- Land: Land is a non-depreciable asset, meaning its service potential does not decline over time. Therefore, land does not decline in Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
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