XYZ Ltd. follows the written down value method of depreciating machinery year after year due to
A)Comparability
B)Convenience
C)Consistency
D)All of the above

Name: XYZ Ltd. follows the written down value method of depreciating machinery year after year due to A)Comparability B)Convenience C)Consistency D)All of the above
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Question

Quizplus · Accepted Answer

XYZ Ltd. uses the written down value method consistently to ensure that financial statements are comparable over time and adhere to accounting principles.

XYZ Ltd Follows the Written Down Value Method of Depreciating Machinery