The remaining book value when a project is terminated is the ________ minus accumulated depreciation over the life of the project.
A)original cost
B)ending cost
C)salvage cost
D)sunk cost

Question

Quizplus · Accepted Answer

The remaining book value of a project when it is terminated is calculated by taking the original cost of the asset and subtracting the accumulated depreciation over the life of the project. This gives the net book value at the point of termination.

The Remaining Book Value When a Project Is Terminated Is