Oracle Financials Business Process Foundations Associate Rel 2 1z0-1107-2 Question # 9 Topic 1 Discussion
1z0-1107-2 Exam Topic 1 Question 9 Discussion:
Question #: 9
Topic #: 1
Glenn Systems owns a luxury car and they want to restrict the amount of depreciation that should be charged to this asset in a particular period. Which two types of depreciation ceiling can they use to achieve this? (Choose two.)
These are two types of depreciation ceiling that you can use to restrict the amount of depreciation that should be charged to your luxury car in a particular period. Depreciation Cost Ceiling is a limit on the total depreciation amount that can be charged over the life of an asset. Depreciation Expense Ceiling is a limit on the depreciation amount that can be charged in a single period for an asset1. References: Oracle Financials Business Process Certified Foundations Associate Rel 1
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