Estimates of "using up" plant and equipment for business purposes are called
A)accelerated depreciation estimates
B)gross capital formations
C)capital consumption adjustments
D)none of the above

Question

Quizplus · Accepted Answer

Capital consumption adjustments refer to the estimates of depreciation, which is the measure of the "using up" of plant and equipment for business purposes.

Estimates of "Using Up" Plant and Equipment for Business Purposes