Process of becoming out of date or obsolete is termed as:
ADepreciation
BAmortization
CImpairment
DObsolescence
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Related Questions:
Which of the following is NOT a current asset?
While preparing the final accounts outstanding salary is added to the salary account. The
accounting principle relevant to this context is ----.
If the consignor carries on Trading business, then the business, then the balance of goods sent on the consignment A/C is transferred to ---.
Errors which affect one side of an account are called?
---- is one of the methods of misappropriation of cash.