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An alternative term used for accumulated depreciation expenses?
- a)Provision for depreciation
- b)Depletion
- c)Targeted depreciation
- d)Cumulative depreciation
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
An alternative term used for accumulated depreciation expenses?a)Provi...
Provision for Depreciation. Its a negative balance contra asset account which is created in order not to violate the cost principle. Remember your college days that we never knew much about Accummulate Depreciation but we knew it as Provision for depreciation but if you are into professional field for such now is know to us as Accummulated depreciation
This question is part of UPSC exam. View all Commerce courses
Most Upvoted Answer
An alternative term used for accumulated depreciation expenses?a)Provi...
Accumulation means creating a provision, therefore accumulated depreciation is the same as provision for depriciation
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An alternative term used for accumulated depreciation expenses?a)Provision for depreciationb)Depletionc)Targeted depreciationd)Cumulative depreciationCorrect answer is option 'A'. Can you explain this answer?
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An alternative term used for accumulated depreciation expenses?a)Provision for depreciationb)Depletionc)Targeted depreciationd)Cumulative depreciationCorrect answer is option 'A'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about An alternative term used for accumulated depreciation expenses?a)Provision for depreciationb)Depletionc)Targeted depreciationd)Cumulative depreciationCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for An alternative term used for accumulated depreciation expenses?a)Provision for depreciationb)Depletionc)Targeted depreciationd)Cumulative depreciationCorrect answer is option 'A'. Can you explain this answer?.
An alternative term used for accumulated depreciation expenses?a)Provision for depreciationb)Depletionc)Targeted depreciationd)Cumulative depreciationCorrect answer is option 'A'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about An alternative term used for accumulated depreciation expenses?a)Provision for depreciationb)Depletionc)Targeted depreciationd)Cumulative depreciationCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for An alternative term used for accumulated depreciation expenses?a)Provision for depreciationb)Depletionc)Targeted depreciationd)Cumulative depreciationCorrect answer is option 'A'. Can you explain this answer?.
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