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The charging of depreciation expense over the life of an asset rather than the immediate full expensing of its costs is an example of:

<p><strong>1) Prudence</strong></p> <p><strong> </strong></p> <p><strong>2) Reliability</strong></p> <p><strong> </strong></p> <p><strong>3) Matching</strong></p> <p> </p> <p><strong>4) Consistency</strong></p> <p><strong> </strong></p> <p><strong>5) None of the above is correct</strong></p>

Accounting Cost Accounting Financial Reporting Financial Accounting managerial accounting
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Question added by Wasif Ali , Stock & Credit Controller , Petrogas Company Ltd.
Date Posted: 2014/11/20
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Aly Farouk Zamzam, (CMA)
by Aly Farouk Zamzam, (CMA) , Accounting Manager , F.M.S Trading

3- Matching

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