Question: Select the best answer to complete the following statement: The carrying amount of an item of property, plant, and equipment is derecognized (1) upon Blank______

Select the best answer to complete the following statement: "The carrying amount of an item of property, plant, and equipment is derecognized (1) upon Blank______ or (2) when no future Blank______ are expected from its use or disposal." Multiple choice question. purchase, incomes disposal, purchases disposal, economic benefits purchase, economic benefits

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