Follow Our FB Page << >> for Daily Laughter. We Post Funny, Viral, Comedy Videos, Memes, Vines...

What is the meaning of Deprecation

Answers were Sorted based on User's Feedback

What is the meaning of Deprecation..

Answer / dipty

depreciation is charging of asset cost in your books over
the period of time with a predefined method.reason for
depreciation are wear & tear,loss,damage etc

Is This Answer Correct ?    7 Yes 0 No

What is the meaning of Deprecation..

Answer / 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

Its called depreciation

Is This Answer Correct ?    1 Yes 0 No

Post New Answer

More Oracle Apps Financial Interview Questions

What is the way in which a Trial Balance of a company be loaded into Oracle; assuming that there are no sub-ledger transactions to be loaded?

1 Answers  

what is a flexfield qualifier ?

16 Answers   Oracle, TCS,

What are the various Implementation method for oracle apps

5 Answers   GTL,

Can you split an Invoice?

5 Answers   Cap Gemini,

If scenario I assigned default Mo operating unit and Mo security profile is b so what can able to see in operating unit in payable?

1 Answers   Deloitte,

on what basis u have prepared the AIM documents (explain in the detailed manner)

2 Answers   Diebold,

can we define 2 different currency revaluation at a time??

0 Answers   IBM,

How to implement Letters of credit full cycle starting from negotiation to receipt of payment from customer, its amendment and related issues under Oracle Apps order management modules

1 Answers   Hindustan Copper,

what are the key flex fields in oracle payables?

2 Answers   IBM,

I am created credit memo in at but while trying to complete it showing error message-hz_party_location

0 Answers   Sonata,

What is journal entry flow ?

1 Answers   HCL, Oracle,

What is receipt class & receipt source pls let me know

2 Answers   Accenture,

  • Oracle Apps Technical Interview Questions Oracle Apps Technical (547)
  • Oracle Apps Financial Interview Questions Oracle Apps Financial (791)
  • Oracle Apps Manufacturing Interview Questions Oracle Apps Manufacturing (53)
  • Oracle Apps HRMS Interview Questions Oracle Apps HRMS (169)
  • Oracle Apps CRM Interview Questions Oracle Apps CRM (9)
  • Oracle Apps SCM Interview Questions Oracle Apps SCM (141)
  • Oracle Install Base Interview Questions Oracle Install Base (62)
  • Oracle Service Contracts Interview Questions Oracle Service Contracts (101)
  • Oracle Apps AllOther Interview Questions Oracle Apps AllOther (114)