What is catch up depreciation



What is catch up depreciation..

Answer / raghu kalavendi

Catch up depreciation is depreciating the asset in the
current period so as to bring the asset to correct value.

This is done in case if the asset had been underdepreciated
in previous periods and to correct the error we depreciate
it to bring to acceptable levels.

Suggestions welcome

Is This Answer Correct ?    3 Yes 3 No

Post New Answer

More Oracle Apps Financial Interview Questions

could you please post some work around that any body have done in the financial modules.

0 Answers  


Anyone provide the oracle fin/scm definetions

0 Answers   Fresher, Genesis,


Why are expenses items typically accrued at period end, and why are inventory items always accrued on receipt?

2 Answers  


During create additions programme,waht is validations checks performed by system?

1 Answers   Tech Mahindra,


We have both consumption tax and With Holding Tax on each invoice, will there be any conflict involved?

0 Answers   Accenture,






What is use of AP Accounting Periods?

4 Answers   HCL, IBM, TCS,


How can I get the Profit & Loss (P/L) report of a period in GL ? plz tell me the parameter name if it required me to submit a new request ?

2 Answers   KPIT,


It is mandatory to difine Approval Suppliers ?

3 Answers   FIC,


Is Operating unit have branches in different location. I.e. same operating unit have One branch at Delhi and another one at Mumbai.

3 Answers   Aurobindo,


What is the purpose of receiving transactions?

2 Answers  


What are the types of PO?

7 Answers   Omax,


whats is the differce between 11i & 10.5.9

4 Answers  


Categories
  • Oracle Apps Technical Interview Questions Oracle Apps Technical (547)
  • Oracle Apps Financial Interview Questions Oracle Apps Financial (793)
  • 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)