Which type of information below should not be maintained by the AIS in accounting for fixed assets?
A)Identification/serial number .
B)Cost.
C)Improvements.
D)Market value.

Question

Quizplus · Accepted Answer

The AIS should not maintain the market value of fixed assets as it may fluctuate over time and is not relevant to the accounting for fixed assets. The other options, such as identification/serial number, cost, and improvements, are important in maintaining an accurate record of fixed assets.

Which Type of Information Below Should Not Be Maintained by the AIS