According to which concept, tangible fixed assets are depreciated on the basis of expected life rather than

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According to which concept, tangible fixed assets are depreciated on the basis of expected life rather than on the basis of market value.

(a) Conservatism concept

(b) Money measurement concept

(d) Consistency concept

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Financial Accounting For Management

ISBN: 9789385965661

4th Edition

Authors: Neelakantan Ramachandran, Ram Kumar Kakani

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Question Posted: Aug 23, 2023 06:49 AM

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According to which concept, tangible fixed assets are depreciated on the basis of expected life rather than

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The correct answer is c Going concern concept According to the g...View the full answer

Financial Accounting For Management

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