Question: When considering an asset replacement decision, the _ blank _ . Multiple choice question. original cost and book value of the asset being replaced are

When considering an asset replacement decision, the _blank_.
Multiple choice question.
original cost and book value of the asset being replaced are both irrelevant
original cost and book value of the asset being replaced are both relevant
original cost of the asset being replaced is relevant and its book value is irrelevant
book value of the asset being replaced is relevant and its original cost is irrelevant

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