Which one of the following is not a risk associated with property,plant,and equipment.
A)obsolescence of assets
B)impairment of assets
C)incomplete recording of disposals
D)sum-of-years digits depreciation

Question

Quizplus · Accepted Answer

Sum-of-years digits depreciation is a legitimate and commonly used method of calculating depreciation for property, plant, and equipment. It is not a risk associated with these assets. Obsolescence of assets, impairment of assets, and incomplete recording of disposals are all risks that need to be considered when accounting for property, plant, and equipment.

Which One of the Following Is Not a Risk Associated