Intercompany gains or losses on depreciable plant assets are realized through the annual depreciation expense of the acquiring affiliate.

Name: Intercompany gains or losses on depreciable plant assets are realized through the annual depreciation expense of the acquiring affiliate.
Brand: Quizplus
Rating: 4.9 (44 reviews)

Question

Quizplus · Accepted Answer

Intercompany gains or losses on depreciable plant assets are realized over time through the depreciation expense of the acquiring affiliate, reflecting the spread of the gain or loss over the asset's useful life.

Intercompany Gains or Losses on Depreciable Plant Assets Are Realized