GeekInterview.com
Series: Subject: Topic:
Question: 3 of 59

Calculating deprecation

why while calculating deprecation we do not consider the change in prices of the machinery in the market i.e fluctuation in prices in market? As we consider the accounting period one of the concepts
Asked by: Interview Candidate | Asked on: Nov 15th, 2011
Showing Answers 1 - 1 of 1 Answers
Anand

Answered On : May 15th, 2012

How will Application know the current market price of your machinery. you need to do revaluation to asset according to market fluctuation and then submit the Deprecation.

  
Login to rate this answer.

Give your answer:

If you think the above answer is not correct, Please select a reason and add your answer below.

Related Open Questions

Ads

Connect

twitter fb Linkedin GPlus RSS

Ads

Interview Question

 Ask Interview Question?

 

Latest Questions

Interview & Career Tips

Get invaluable Interview and Career Tips delivered directly to your inbox. Get your news alert set up today, Once you confirm your Email subscription, you will be able to download Job Inteview Questions Ebook . Please contact me if you there is any issue with the download.