1. How is gain or loss determined when disposing of plant assets? What situation constitutes a gain? What situation constitutes a loss? 2. What is a natural resource? What is the process by which...

1. How is gain or loss determined when disposing of plant assets? What situation constitutes a gain? What situation constitutes a loss?

2. What is a natural resource? What is the process by which businesses spread the allocation of a natural resource’s cost over its usage?