1 Marks FA – Nov 2012 – L1 – SA – Q23 – Depreciation Identifying the term for a fall in asset value due to changes in technology or fashion. ICA (Nigeria) PROFESSIONAL PROGRAM FINANCIAL ACCOUNTING Question The fall in the value of an asset which does not result from use or age, but from change in technology, taste, or fashion is called: Answer Login or create a free account to see answers Login Register Find Related Questions by Tags, levels, etc. Tags: Assets, Depreciation, Obsolescence Level: Level 1 Topic: Depreciation Series: NOV 2012 Report an error
1 Marks FA – Nov 2012 – L1 – SA – Q23 – Depreciation Identifying the term for a fall in asset value due to changes in technology or fashion. ICA (Nigeria) PROFESSIONAL PROGRAM FINANCIAL ACCOUNTING Question The fall in the value of an asset which does not result from use or age, but from change in technology, taste, or fashion is called: Answer Login or create a free account to see answers Login Register Find Related Questions by Tags, levels, etc. Tags: Assets, Depreciation, Obsolescence Level: Level 1 Topic: Depreciation Series: NOV 2012 Report an error