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Land is not depreciated because it: A. does not have an determinable useful life B. has a useful life that is limited to the period
Land is not depreciated because it:
- A. does not have an determinable useful life
- B. has a useful life that is limited to the period of time acompany is in business
- C. will provide future benefits for a company for an unlimitedperiod of time
- D. appreciates in value
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ANSWER C will provide future benefits for a company for an unlimitedperiod of time The land asset is ...
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
