An asset is ________ when another asset can do the job more efficiently.
A)fully depreciated
B)deteriorated
C)physically worn
D)obsolete

Name: An asset is ________ when another asset can do the job more efficiently. A)fully depreciated B)deteriorated C)physically worn D)obsolete
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When another asset is able to perform the job more efficiently, the original asset is considered to be obsolete. This means that it is no longer useful or of value to the company and should be replaced.

An Asset Is ________ When Another Asset Can Do the Job