👉 In accounting, a "reobtainable asset" is an asset that can be recovered from its historical cost through various methods. This means that if you have data showing that the asset has been used or consumed in some way, such as in production, sales, or services, and you have enough evidence to show that it was not purchased at a lower price than what it would have been had it not been used, then you can recover the value of the asset from its historical cost. This
