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To be included in property, plant, and equipment, an asset must have all of the following except A. the asset must have an expected life

To be included in property, plant, and equipment, an asset must have all of the following except

A. the asset must have an expected life of more than one year.

B. the asset must have an expected life of a normal operating cycle.

C. the asset must be tangible in nature.

D. the asset must be held for use.

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