Assertion: spare part | /r/HasProperty | depreciated
Facets:
value: irrespective of their actual usage
type: OTHER
value: as per the provisions
type: MANNER
Source sentences:
text: Any spares which are treated as assets as per revised accounting standard 10, property plant & equipment shall be depreciated as per the provisions contained under this standard only as the new standard merges AS-6 'Depreciation Accounting' with the PPE itself.
text: Therefore, we can say that spare parts shall also be depreciated irrespective of their actual usage because they are available for use whenever required.