Match each of the following terms with the appropriate definitions.

-A condition which, because of new inventions and improvements, a plant asset is no longer useful in producing goods or services with a competitive advantage.
A)Obsolescence
B)Amortization
C)Depletion
D)Salvage value
E)Book value
F)Land improvements
G)Copyright
H)Inadequacy
I)Patent

Question

Match each of the following terms with the appropriate definitions.

-A condition which, because of new inventions and improvements, a plant asset is no longer useful in producing goods or services with a competitive advantage.
A)Obsolescence
B)Amortization
C)Depletion
D)Salvage value
E)Book value
F)Land improvements
G)Copyright
H)Inadequacy
I)Patent

Quizplus · Accepted Answer

The Answer of Match each of the following terms with the appropriate definitions.

-A condition which, because of new inventions and improvements, a plant asset is no longer useful in producing goods or services with a competitive advantage.
A)Obsolescence
B)Amortization
C)Depletion
D)Salvage value
E)Book value
F)Land improvements
G)Copyright
H)Inadequacy
I)Patent

Match Each of the Following Terms with the Appropriate Definitions