Firms charge depreciation each year-13643
Firms charge depreciation each year:
This multiple choice question (MCQ) is related to the book/course
vu mgt101 Financial Accounting.
It can also be found in
vu mgt101 Mid Term - Quiz No.5.
Firms charge depreciation each year:
To ensure there is enough money in the firm to replace the asset
To spread the cost of the asset over its working life
To reduce the profit and thus reduce the dividends they can pay to share holders
Because the law states they must be reduced
