Answered

Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Discover comprehensive solutions to your questions from a wide network of experts on our user-friendly platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

What is the purpose of the depreciation adjustment for long-lived assets?.

Sagot :

handsome061610

Answer: It is done so that it can match the ongoing use of the asset with the economic benefits derived from it.

Explanation:

We appreciate your time on our site. Don't hesitate to return whenever you have more questions or need further clarification. We appreciate your time. Please come back anytime for the latest information and answers to your questions. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.