Answer: False
Explanation:
According to the given scenario, the given statement is false as net book value discourages equipment replacement.
What is meant by net book value?The historical cost of an asset, less any sums deducted for depreciation, amortization, or depletion, is its net book value. The requirement that assets be reported at their market worth is a byproduct of fair value reporting. Several of the financial reporting rules mandated by US GAAP are emphasized by the fair value concept. "An asset's selling price agreed upon by a willing buyer and seller, presuming both parties are knowledgeable and join the transaction freely," is what fair value reporting refers to.
When revealing the worth of property, plant, and equipment, NBV is frequently utilized (PPE). This indicates that it is diminished as assets are amortized or depreciated. It is based on the notion that assets depreciate slightly over time as a result of use.
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what are some of the industries which will be impacted by the application of quantum computing, as discussed in the prep material?
Some of the industries that are going to be impacted by the application of quantum computing includes:
The finance industry The energy industryPower sectorTransportationAerospace and Automotive industryPharmaceuticalsCyber securityQuantum computing can be described as a computational type that has to do with the usage of the collective abilities of quantum states to carry out calculations.
Quantum computers are used to carry out these computations. What is used to carry out the computations are:
superposition, interference, and entanglement.Read more on https://brainly.com/question/15188300?referrer=searchResults
Implementing the closure process includes several _______ activities, including getting delivery acceptance from the customer.
The implementation phase is simply known as the stage where a person along with one's project team actually do the project work to produce the deliverables. Implementing the closure process includes several wrap up activities, including getting delivery acceptance from the customer.
The implementation phase in any closure process entails putting the project plan into action.The project manager often coordinate and direct project resources to align with the objectives of the project plan.
The closing phase of project management is known as the final phase of the project lifecycle.This process makes sure that work is completed based on to the project plan and scope.
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the two conflicting tendencies that a firm has in an oligopolistic industry are
cooperate to maximize joint profits and the incentive to cheat on the agreement in order to increase the firm"s share of the profit.
how much will I need to save per month to have $600 by the end of one year?
the discovery of a large amount of previously-undiscovered oil in the u.s. would shift
What will happen if there is discovery of a large amount of previously-undiscovered oil in the u.s. is that :
In long-run aggregate-supply curve to the right.For aggregate supply curve shifts to the right, it can be deduced that at every price level, there is a production of higher quantity of real GDP. This is usually referred to as positive supply shock in economics.Therefore, aggregate-supply curve to the right in the long run.
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