Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which of the following values is not true about th

Which of the following values is NOT true about the salvage value of PPE? It...

70.2K

Verified Solution

Question

Accounting

Which of the following values is NOT true about the salvage value of PPE?

It is not used in the calculation of depreciation.

It is the book value of the asset when it is fully depreciated.

It is estimated by management at the time of purchase.

It is the estimated value of an asset at the end of its useful life.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

What are the four agile manifestos? Describe each of the manifestos with examples

Programming
Q

Match each note image with the amount of beats it equals when the time signature...

Biology
Q

A uniformly charged ring of radius R has Q Electric field at axis of ring...

Physics
Q

hes construct a line chart of the data and identify the characteristics of the time...

Basic Math
Q

You run a nail salon Fixed monthly cost is 5 419 00 for rent and...

Basic Math
Q

correct choice that completes the sentence below itional statement of the form premise 1 A...

Basic Math
Q

The graph shown is of a trigonometric function of the form y aSinba or y...

Algebra
Q

Which of the following statements is true? I. If fixed expenses increase by $10,000...

Accounting
Q

pm Tue year on the build. ing, trucks, and equipment. P9-3A. Depreciation Methods On January...

Accounting
Q

Answer the following question: Lewin developed the three-step model for change which included: Unfreezing...

Accounting
Q

Factory Overhead Rate, Entry for Applying Factory Overhead, and Factory Overhead Account Balance The cost...

Accounting
Q

Suppose you are given the information about the following four bonds that have face value...

Finance