The depreciable cost of a plant asset is its original cost minus obsolescence.

Name: The depreciable cost of a plant asset is its original cost minus obsolescence.
Brand: Quizplus
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The depreciable cost of a plant asset is its original cost minus its salvage value, not obsolescence. Obsolescence refers to an asset becoming outdated or no longer useful due to advancements in technology, changes in market demand, or other factors, but it is not directly subtracted from the original cost to determine depreciable cost.

The Depreciable Cost of a Plant Asset Is Its Original