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3 December, 01:21

A characteristic of a plant asset is that

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  1. 3 December, 01:39
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    Answer:A plant asset is an asset with a useful life of more than one year that is used in producing revenues in a business's operations.

    Step-by-step explanation:

    Plant assets are also known as fixed assets. Plant assets are recorded at their cost and depreciation expense is recorded during their useful lives.
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