IFRS require a review of the parameters used in measuring depreciation

A) at least every year
B) at least every quarter
C) when events and circumstances warrant a review
D) only when an asset is sold

Question

IFRS require a review of the parameters used in measuring depreciationA) at least every yearB) at least every quarterC) when events and circumstances warrant a reviewD) only when an asset is sold

Marita Nakhle · Accepted Answer

Final Answer : A, Explanation :  IFRS require a review of the parameters used in measuring depreciation at least every year.

IFRS require a review of the parameters used in measuring depreciation

A) at least every year
B) at least every quarter
C) when events and circumstances warrant a review
D) only when an asset is sold

Definitions

Learning Objectives

Learning Objectives

Related questions