Which one of the following is not a factor that limits the service life of an asset?
A)operational use
B)adequacy
C)deterioration as a function of time
D)obsolescence

Question

Quizplus · Accepted Answer

Adequacy refers to whether or not the asset is suitable for the intended use, and is not a factor that affects the service life of the asset itself. Operational use, deterioration as a function of time, and obsolescence can all contribute to a shorter service life for an asset.

Which One of the Following Is Not a Factor That