Question
69. According to which of the following concepts, fixed assets are depreciated over their useful life, rather than over a shorter period, on the expectation
69. According to which of the following concepts, fixed assets are depreciated over their useful life, rather than over a shorter period, on the expectation of early liquidation? A. O Cost concept B.Matching concept c.Going concern concept D.Business entity concept
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
