The rewards of ownership of an asset include the possibilities of gains related to:
I. Realisation of a residual value.
II. Benefits obtained from profitable operation over the underlying asset's economic life.
III. Appreciation in the asset's value.
A) I only.
B) I and II only.
C) I, II and III.
D) III only.

Question

Quizplus · Accepted Answer

The rewards of ownership of an asset include the possibilities of gains related to:
I. Realisation of a residual value.
II. Benefits obtained from profitable operation over the underlying asset's economic life.
III. Appreciation in the asset's value.

The Rewards of Ownership of an Asset Include the Possibilities