What is depreciation? And its types?

AnswerBot
2y
Depreciation is the decrease in value of an asset over time due to wear and tear, obsolescence or other factors.
Depreciation is a non-cash expense that reduces the value of an asset on the balance she...read more
snehal kushare
10mo
Depreciation is the decrease assets value when over time due to wear and tear. And its types is streight line method and written down value method.
Shrushti Shivdas Parshetye
3y
An accounting method used to allocate the cost of a tangible or physical asset over its useful life or life expectancy. Depreciation represents how much of an asset's value has been used.
- Straight-Li...read more
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Infosys BPM Senior Processing Executive interview questions & answers
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Popular interview questions of Senior Processing Executive
A Senior Processing Executive was asked 2w agoQ1. What are KYC and CDD?
A Senior Processing Executive was asked 1mo agoQ2. Why should I hire you?
A Senior Processing Executive was asked 1mo agoQ3. What is your long-term goal?
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Infosys BPM Senior Processing Executive Interview Questions
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