Dave and Kelly are discussing how quickly products now become obsolete in their industry. David believes this will make it more difficult to provide timely information. Is he correct?

Select answer from the options below

Yes, it makes it easier for the company to define an appropriate time.

No$,$ it makes it more difficult to track the assets for the company.

Yes, it makes it more difficult for the company to define an appropriate time period.

No$,$ it has no bearing on how the company defines an appropriate time period.