c-ts4fi-2021 question 90 discussion

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Question 90

What is the purpose of the chart of depreciation?

  • A. The chart of depreciation is a reporting tool that structures your assets for hierarchical reporting.
  • B. The chart of depreciation defines the asset classes for which you can create fixed assets
  • C. The chart of depreciation manages country-specific legal valuation of fixed assets
  • D. The chart of depreciation substitutes the operational chart of accounts in asset-related postings.
Answer:

C


User Votes:
A
50%
B
50%
C 8 votes
50%
D 1 votes
50%
Discussions
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hsw
1 year, 10 months ago

C

0
shammi
2 months, 3 weeks ago

C. The chart of depreciation manages country-specific legal valuation of fixed assets

0