Answer Posted / ks
Depreciation means spread the cost of an asset over the
span of several years.
If you buy a machiner for 1 crore in April-10,you can not
treat it as expense for the month of April-10 since this
machinery is going to be used for next 10 years.
To match revenue and cost,1 crore will be divided across 10
years.
Its called depreciation
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What is meant RD020
What is the use of operating unit, while configure multiorg?
how to do customization while doing oracle implementation. what is the role of functional consultant in customization?
There is employee X and employee Y (who is supervisor of X); when Y submits expenses how will the system ensures that this should not go to X even if he has the approval authority.
What is the Use of Grouping Rule in Receivables ? is it mandatory field ?
Substitute receipts and Unordered Receipts
how we can stop the transaction for not transfer to the reporting ledger at the time of entering the transaction in pl
What is gap analysis, what are the pre-requisities?
What is the use of mo: security profile, while configure multiorg?
What do you mean by Category Set ? and what is its Relevance ?
I am currently working in reputed Org as a Oracle apps end user (AR). Learned R12 functional course, but no real time exp as in support or implementation project.Please guide. thank you.
Explain Customization process?
Explain Customer Creation and Maintenance Process. Provide samples of customer master records with Payment Terms.
What are register in India localisation?
SLA usage ans how to define setups?
