According to which of the following concepts, fixed assets are depreciated over their useful life rather than over a shorter period on the expectation of early liquidation?

Questions › Category: Commerce › According to which of the following concepts, fixed assets are depreciated over their useful life rather than over a shorter period on the expectation of early liquidation?
0 Vote Up Vote Down
VideRime Staff asked 3 years ago
Print Friendly, PDF & Email

According to which of the following concepts, fixed assets are depreciated over their useful life rather than over a shorter period on the expectation of early liquidation?

a) Cost concept

b) Matching concept

c) Going concern concept   (Ans)

d) Business entity concept