1.

Depreciation is applied to non-current assets in the statement of financial position in order to

A. show a profitability valuation of the non-current assets
B. show a true and fair value of the non-current assets
C. show how the non-current assets are affected by inflation
D. show what the non-current assets could make if leased out
Answer» C. show how the non-current assets are affected by inflation


Discussion

No Comment Found