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Do you think organizations that have a fleet should have a replacement plan in place? Could...

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Accounting

Do you think organizations that have a fleet should have areplacement plan in place? Could fleet replacement plan benefit andsave an organization cost and should tax implications be a part ofthat plan?

Answer & Explanation Solved by verified expert
4.4 Ratings (1021 Votes)
Let us start with assumptions and imaginations Imagine you own a fleet of cars that are provided to organizations on rent for their employee commute purpose The cars are running fine After their normal useful life which is little over 5 years the cars would start to demand more operating costs Their mileage would reduce their wear ant tear rate would accelerate servicing cost would be    See Answer
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