MCQOPTIONS
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| 1. |
Useful life of an asset can be described as |
| A. | The period over which a depreciable asset is expected to be used by the enterprise |
| B. | The number of production or similar units expected to be obtained from the use of the asset by the enterprise |
| C. | 10 years |
| D. | Both [a] and [b] |
| Answer» E. | |