Define ppe and lsquocost in connection with ppe- define


(a) Define PPE and ‘cost' in connection with PPE.

(b) Define depreciation. Explain what assets need not be depreciated and list the main methods of calculating depreciation.

(c) What is meant by ‘useful life' and ‘residual value'?

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Finance Basics: Define ppe and lsquocost in connection with ppe- define
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