Most companies can justify the use of specialized asset management software programs instead of the spreadsheets or traditional manual systems for all of the following reasons, except:
A)The abundance of fixed asset data
B)The time-consuming and tedious requirements for tracking changes
C)The number of different methods of accounting for depreciation
D)The intricacy of the tax laws

Question

Quizplus · Accepted Answer

The number of different methods of accounting for depreciation is not a primary reason for using specialized asset management software, as these methods can often be handled adequately with spreadsheets or manual systems. The other options highlight complexities that are better managed with specialized software.

Most Companies Can Justify the Use of Specialized Asset Management