Question

Depreciation is generated from which of the following Accounting information system?

• A. Tax accounting sub-system
• B. Expense accounting sub-system
• C. Final accounts sub-system
• D. Fixed assets accounting sub-system

Hint:

Ensure accurate depreciation calculations in the fixed assets accounting sub-system for compliance with accounting standards.

Answer 1

The Correct Option is D

Depreciation is related to the reduction in value of fixed assets over time, and it is calculated and tracked in the fixed assets accounting sub-system.