Is depreciation a source of finance ?
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Answer / shahid raza,pgdm,lbs,g.noida
Yes ! Depreciation is an indirect source of finance.
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Answer / imran
Depreciation does not generate funds but it definitely saves funds.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / mohammedirfansiddiqui
Depreciation is nothing but gradual fall in the value of an asset due to wear and tear, obsolescence, effluxion of time and it is not a source of finance.
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Answer / nilesh
depreciation is source of finance because when the times of
finance required for business that times finance
organization consider the depreciation on Assets charged and
true value of Assets of that charged financial year.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / abdul hannan
no. absolutely wrong.
depreciation is neither direct nor indorect source of
finance, its is an expense which we actually calculate to
measure the wear n tear of the asset and to make reserve
such that if the asset's life has expired so that we can
purchase new asset,
it is nothing but the decrease in the value of the current
asset.
| Is This Answer Correct ? | 1 Yes | 6 No |
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