Which of the following statements is not a reason for disposing of an asset earlier than expected?

Question

Quizplus · Accepted Answer

The correct reason for disposing of an asset earlier than expected is not because the asset's service potential is greater than the entity's requirements. Typically, assets are disposed of earlier than expected due to deterioration, obsolescence, or other factors that reduce their usefulness, not because they exceed the entity's requirements.

Which of the Following Statements Is Not a Reason for Disposing