Question Tag: Obsolescence

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  • 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.

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:

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  • 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.

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:

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