Which of the following is not a reason for providing depreciation on tangible noncurrent assets. (A) They
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Which of the following is not a reason for providing depreciation on tangible noncurrent assets. (A) They have a limited useful life (B) They are part of the cost of generating the revenue for a period, and that cost should be matched with the revenue. (C) Depreciation is an expense in running a business (D) It is a means of valuing an asset.
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Fundamentals Of Financial Accounting
ISBN: 978-0750680813
1st Edition
Authors: Henry Lunt, Walter Allan
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