The charging of depreciation expense over the life of an asset rather than the immediate full expensing
Question:
The charging of depreciation expense over the life of an asset rather than the immediate full expensing of its cost is an example of:
(a) Consistency.
(b) Matching.
(c) Prudence.
(d) Reliability.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Financial Accounting An International Introduction
ISBN: 9780273685203
2nd Edition
Authors: David Alexander
Question Posted: