Depreciation and amortization policies are justifiable and appropriate only if we assume some permanence to the company because of the:________

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11-08-2022
Social Studies

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Depreciation and amortization policies are justifiable and appropriate only if we assume some permanence to the company because of the:________

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nutanraj654 nutanraj654 · Answer 1 · 2022-08-16T17:45:41+02:00

Time period assumption. Depreciation and amortization policies are justifiable and suitable most effective if we count on some permanence to the corporation due to the: a. periodicity assumption.

The periodicity assumption states that a corporation can document its monetary results within sure distinct periods of time. This typical method that an entity consistently reports its effects and coin flows on a month-to-month, quarterly, or annual foundation.

The periodicity assumption is important to financial accounting as it allows companies to expose modern performance to investors and creditors for shorter durations of time. investors and creditors need the most current records feasible to base their financial decisions on.

Learn more about periodicity assumption here:https://brainly.com/question/17562272

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