Replacement and repair costs
A)are only relevant to manufacturing firms.
B)are intermittent and often unpredictable.
C)are historically well managed by dictators such as Hugo Chavez, Fidel Castro, and others motivated to secure their power and wealth in perpetuity.
D)should always be managed with sinking funds.

Question

Quizplus · Accepted Answer

Replacement and repair costs are often intermittent and unpredictable because they can vary widely depending on the specific circumstances, such as the type of equipment, its usage, and the environment in which it operates. This makes planning for these costs challenging for businesses and individuals alike.

Replacement and Repair Costs