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QUESTION 23 A loss is recorded on the disposal of plant assets when O A. an asset is sold for a price greater than the asset's book value. 0 B, the asset's residual value is less than the cash received. 0 C, the asset's book value is greater than the amount of cash received from the sale. 0 D. the asset's depreciable cost is greater than the cash received. QUESTION 24 Safeguarding plant assets includes all of the following except: 0 A, training the operating personnel in the proper use of the asset. O B. setting up security measures to prevent theft O C.separating custody of the asset from the accounting for the asset O D.all of these are examples of safeguarding plant assets. QUESTION 25 Dapper Company receives a patent on January 1, which cost $60,000 and has a remaining legal life of 15 years and an expected useful life of ten years. What is the amount of amortization expense for the current year? O A. $6,000 O B. $10,000. O C.$4,000. 0 D. $9,000