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Depreciation is: A. An accounting necessity only B. Tax necessity only C. Tax and accounting necessity D. Tax, accounting and audit necessity

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Question ajoutée par Mir Mujtaba Ali , Internal Audit Manager , Confidential
Date de publication: 2014/12/25
VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
par VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Answer option (D)  >>>>>>>>>  Tax, accounting and audit necessity.

misbah mirza
par misbah mirza , T.S.E , IFFCO

D: tax, audit and accounting necessity because it is accumulated expense

Muhammad Ali Rounaq Ali
par Muhammad Ali Rounaq Ali , Accountant , Al Ahram Auto Spare Parts LLC

C. Tax and Accounting necessity

Utilisateur supprimé
par Utilisateur supprimé

Answer C is correct 

Alex Al Yazouri
par Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

D. Tax, accounting and audit necessity.

Ahmed kandil
par Ahmed kandil , Cost Controller , Battour Holding Cpompany

answer is c 

Sahar Alech
par Sahar Alech , Auditor / Financial Manager , Accounting Services Office

Depreciation is an accounting tax and audit necessity .

Divyesh Patel
par Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

Option D

Raheem KIZHAKKEPAT
par Raheem KIZHAKKEPAT , Senior Audit Assistant , BRG Associates

C is the correct answer, because depreciation is not necessary for Audit purpose.

But for Accounting and Tax purpose it's necessary.

Muhammad mohsin saleem
par Muhammad mohsin saleem , General Accountant , Al Ghadeer Modern Trade Enterprises

tax accounting and audit 

 

georgei assi
par georgei assi , مدير حسابات , المجموعة السورية

The Answer C