What is depreciation and why do we charge depreciation?

AnswerBot
6mo
Depreciation is the allocation of the cost of a tangible asset over its useful life to reflect its gradual wear and tear or obsolescence.
Depreciation is a non-cash expense that reduces the value of an...read more
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Accenture Operations Analyst interview questions & answers
An Operations Analyst was asked 1mo agoQ. Define end-to-end process.
An Operations Analyst was asked 6mo agoQ. What is depreciation and why do we charge depreciation?
An Operations Analyst was asked 6mo agoQ. What is the accrual concept in accounting?
Popular interview questions of Operations Analyst
An Operations Analyst was asked 1mo agoQ1. Define end-to-end process.
An Operations Analyst was asked 6mo agoQ2. What is depreciation and why do we charge depreciation?
An Operations Analyst was asked 6mo agoQ3. What is the accrual concept in accounting?
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