assesment of the effect of depreciation on the lenght of the expected life of an asset.?

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assesment of the effect of depreciation on the lenght of the expected life of an asset.?

2006-07-09 08:50:01 · 3 answers · asked by ONUKWUE E 1 in Business & Finance ➔ Insurance

3 answers

Do you mean in terms of accounting principles?

2006-07-09 12:14:12 · answer #1 · answered by ps2754 5 · 0⤊ 0⤋

Depreciation doesn't have an affect on the lifetime of the asset itself, it is a way to discount the value of the asset over a period of years for tax benefits.

Use a GAAP approved method of depreciation.

2006-07-09 15:54:22 · answer #2 · answered by Danny42378 3 · 0⤊ 0⤋

Planned obsolescence

2006-07-09 15:55:07 · answer #3 · answered by connor g 7 · 0⤊ 0⤋