Match the descriptions with their terms:
-Tangible resources that are used in operations and are not intended for resale.
A) Plant assets
B) Depreciation
C) Carrying amount
D) Residual value
E) Straight-line method
F) Units-of-production method
G) Diminishing balance method
H) Amortisation
I) Revenue expenditures
J) Capital expenditures

Question

Quizplus · Accepted Answer

Plant assets are tangible resources that are used in the operations of a business and are not intended for resale. These include items like machinery, buildings, and vehicles.

Match the Descriptions with Their Terms