At the end of its useful life,the book value of a plant asset must be zero.

Name: At the end of its useful life,the book value of a plant asset must be zero.
Brand: Quizplus
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Quizplus · Accepted Answer

The book value of a plant asset at the end of its useful life may not necessarily be zero. It will depend on the original cost, accumulated depreciation, and any residual value that may exist. If the residual value is higher than zero, the book value will be higher than zero as well.

At the End of Its Useful Life,the Book Value of a Plant