A restaurant has purchased a new electronic point-of-sale register. With adequate maintenance, the machine could last 10 years; however, with the rapid advance of technological improvements, it is expected that a newer register will be purchased within five years to replace the unit recently purchased. For depreciation purposes, what would be the useful life of the machine? Explain why?

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Answer Explanation i An EPOS is a computerised system for recording sales taking payments monitoring ... View the full answer