what is recoverable cost, NBV, salvage value?

Answer Posted / shankar ganesh c t

NBV = Net Book Value (Cost of the asset)

Salvage Value = If you're going to retire an asset and out
of which you're going to get some monetary value,it is
called salvage value

Recoverable cost = Depreciated Asset cost that you can
recover(guess)

Is This Answer Correct ?    13 Yes 8 No



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