What is the definition of economic depreciation according to managerial accounting?
A)the decline in value of assets during the period using the sales value of assets as the measure of value,only.
B)the decline in value of assets during the period using the replacement costs as the measure of value,only.
C)the decline in value of assets during the period using either the sales value of assets or their replacement costs as the measure of value.
D)the decline in value of assets during the period using amortized acquisition cost as the measure of value.

Question

Quizplus · Accepted Answer

Economic depreciation in managerial accounting refers to the decline in value of assets during the period, which can be measured using either the sales value of assets or their replacement costs.

What Is the Definition of Economic Depreciation According to Managerial