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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Accounting systems
Hi Sir
1-Accounting systems which we can buy from a retailer are often termed as
A-Tailor-made packages
B-Off-the-shelve packages.
C-Beta packages .
D-Retailer packages
2-On assets like coal mines which of the following word is used instead of depreciation?
A.Erosion
B.Decay
C.Depletion
D.Amortization
1 B
2 D
Hello,
Quick request.
In 2), would you kindly explain the reasoning behind the answer?
They are both simply definitions – there is nothing really to explain.