Solved

When an Entity Invests Solely to Replace Worn Out Equipment

Question 19

Multiple Choice

When an entity invests solely to replace worn out equipment they also often end up incorporating new technology.This is considered as:


A) a necessity in the replacement decision.
B) irrelevant because if the old equipment was satisfactory then no improvement is necessary.
C) a bonus for the entity.
D) a waste of money because more advanced equipment is often more expensive.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents