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Q1-Explain how estimation of service lives can result in unrealistically high valuations of property, plant, and equipment? Q2-Describe the accounting problems associated with self-constructed assets?

Q1-Explain how estimation of service lives can result in unrealistically high valuations of property, plant, and equipment?

Q2-Describe the accounting problems associated with self-constructed assets?

Q3-Describe the accounting treatment for the disposal of property, plant, and equipment.?

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