What accounting principle justifies depreciating certain long-term assets? A) the revenue ...

Author Question: What accounting principle justifies depreciating certain long-term assets? A) the revenue ... (Read 105 times)

itsmyluck

Hero Member
Posts: 546

on: Jul 5, 2018

What accounting principle justifies depreciating certain long-term assets?

A) the revenue principle
B) the depreciation principle
C) the cost-based principle
D) the matching principle

Question 2

The IS function of quality assurance conducts reviews to ensure the attainment of IT objectives.
Indicate whether the statement is true or false

k2629

Sr. Member
Posts: 357

Reply #1 on: Jul 5, 2018

Answer to Question 1

D

Answer to Question 2

T

Need homework help now?

Ask unlimited questions for free

Ask a Question

« previous next »

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.