Contractor purchases copying machine

Reference no: EM133650399

Question

A contractor purchases a copying machine. Records of past retirements show that the copying machines usually last approximately five years. The contractor is unable to show that there are any factors that would justify modifying this past history. What is the Cost Accounting Standard (CAS) 409 estimated service life for the new copying machine? Ten years Five years Two years Three years.

Reference no: EM133650399

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