A Company Should Depreciate a Long-Lived Tangible Asset To

Multiple Choice

A company should depreciate a long-lived tangible asset to:

A) match part of the cost of the asset with the revenues generated by the asset.
B) record the decrease in the market value of the asset as it gets older.
C) report less income and pay less income tax.
D) decrease the total value of its assets,so that it can justify buying new ones.