Question

Which assets are impacted by depreciation, amortisation and depletion?

Answer 1

1. Depreciation impacts the cost of fixed assets (tangible assets)
2. Amortisation impacts the cost of intangible assets
3. Depletion impacts the cost of mineral assets (natural resources)

Also read:

• True and False Questions on Depreciation
• What Is Depreciation
• MCQs on Depreciation
• What Is a Fixed Asset
• MCQs on Goodwill

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