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When a fully depreciated asset is still in use: Select one: a.Past depreciation remains unchanged; no more depreciation should be taken; the asset continues to
When a fully depreciated asset is still in use:
Select one:
a.Past depreciation remains unchanged; no more depreciation should be taken; the asset continues to be carried on the books at a zero book value.
b.The asset should be removed off the books.
c.The asset cost on the books should be adjusted to reflect market value.
d.Prior years' depreciation should be reversed.
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