The disposal value of old equipment is relevant in equipment replacement decisions.

Name: The disposal value of old equipment is relevant in equipment replacement decisions.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The disposal value of old equipment is a relevant factor to consider in equipment replacement decisions. It is important to assess the salvage value of the old equipment when determining its replacement cost, as this can offset the cost of acquiring new equipment.

The Disposal Value of Old Equipment Is Relevant in Equipment