Fully depreciated assets ________,and so any proceeds from sale at disposal are taxable gains.
A)always have a market value of zero
B)have a positive book value
C)have a negative market value
D)have a book value of zero

Question

Quizplus · Accepted Answer

Fully depreciated assets have a book value of zero as they have been completely written off. Any proceeds from the sale of these assets at disposal will then be considered taxable gains.

Fully Depreciated Assets ________,And So Any Proceeds from Sale at Disposal