Accountıng I Deneme Sınavı Sorusu #1313664
Which of the followings refers to the decline in usefulness of a plant asset?
|
Useful life |
|
Residual Value |
|
Depreciation Expense |
|
Accrued Expense |
|
Deferred Expense |
Yanıt Açıklaması:
Value and usefulness of plant assets will decline when the business uses them in its operations. The decline in usefulness of a plant asset is an expense which is called as a depreciation expense. The correct answer is c.
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