One way that the residual value of an asset can be ascertained is by asking engineers to make their assessment based on historical experience.

Name: One way that the residual value of an asset can be ascertained is by asking engineers to make their assessment based on historical experience.
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Engineers can use their expertise and historical data on similar assets to estimate the residual value, considering factors like wear and tear, technological obsolescence, and market conditions.

One Way That the Residual Value of an Asset Can