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An asset is said to be fully depreciated when: Multiple Choice Accumulated depreciation is less than the asset's cost. Accumulated depreciation equals the asset's cost.
An asset is said to be fully depreciated when: Multiple Choice Accumulated depreciation is less than the asset's cost. Accumulated depreciation equals the asset's cost. It is outdated and no longer used. Amortization is nearly complete. It is unable to meet its productive demands
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