imagine that you have started a business and have purchased business
assets, such as computer equipment, vehicles, and a building. Suggest at
least two (2) implementation strategies to help you ensure that you are
calculating the correct amount of depreciation. Provide specific
examples of such strategies.
Thank you for the opportunity to help you with your question!
He observes that work expands so as to fill the time available for its completion.
hi, in order to calculate depreciation you only need two numbers: the initial cost of the asset and its estimated useful life these are the most obvious strategies that you are required to keep an eye on in determining the correct amount of depreciation you are likely to get.
examples of strategies are
Vehicle Selection strategies
The first step to depreciation control is to select the most cost-effective make and model and equip them for maximum usage and eventual resale.
Matching Vehicle to Depreciation Factor
When determining a depreciation factor, the expected useful life and the approximate market value of the vehicle at lease-end are the two most important factors to consider.
Please let me know if you need any clarification. I'm always happy to answer your questions.
Jul 24th, 2015
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