This phase of the fixed asset processes relates to those required to maintain accurate and up-to-date records regarding all fixed assets throughout their useful lives.
A)Depreciation
B)Acquisition
C)Disposal
D)Continuance

Question

Quizplus · Accepted Answer

The phase described in the question is the continuance phase, which involves maintaining accurate records of fixed assets throughout their useful lives. The other options refer to specific actions within the overall fixed asset process (acquiring new assets, depreciating existing assets, and disposing of assets).

This Phase of the Fixed Asset Processes Relates to Those