Question No 12:
Accounting depreciation is replaced by tax depreciation?
A: To reduce the amount of depreciation allowed for tax
B: To increase the amount of depreciation allowed for tax
C: To ensure that standard rates of depreciation are used by all organisations for tax purposes
D: So that the government can more easily manipulate the amount of tax organisations pay
Answer: C
No comments:
Post a Comment
Note: only a member of this blog may post a comment.