Depreciation is the method of charging the cost of fixed assets such as property, plant...
FINANCIAL
POST UTME OAU
Depreciation is the method of charging the cost of fixed assets such as property, plant and equipment and motor vehicle to financial operations. The guideline on charging the cost is provided in the
- A) Prudential Guidelines
- B) Statements of Accounting Standards
- C) Companies and Allied matters Act CAP
- D) 20 LFN 2004
Correct Answer: B) Statements of Accounting Standards
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