which of the following terms is used to identify the process of expense recognition for property, plant and…
which of the following terms is used to identify the process of expense recognition for property, plant and eq\nmultiple choice\ndepletion\nrevision\namortization\ndepreciation
Answer
Brief Explanations:
Depletion is for natural - resource assets, revision is not related to expense recognition for property, plant and equipment, amortization is for intangible assets. Depreciation is the process of allocating the cost of property, plant and equipment over its useful life as an expense.
Answer:
D. Depreciation