Microsoft
MB6-893 · Question #41
Your customer needs to set up Fixed assets and treat them as though they were purchased and placed in service at the mid-point of the first year, no matter when during that year the purchase was…
The correct answer is B. half year. See the full explanation below for the reasoning.
Question
Your customer needs to set up Fixed assets and treat them as though they were purchased and placed in service at the mid-point of the first year, no matter when during that year the purchase was actually made. Which depreciation convention should you use when creating the depreciation profile?
Options
- Afull month
- Bhalf year
- Cmid quarter
- Dmid month
How the community answered
(47 responses)- A2% (1)
- B79% (37)
- C6% (3)
- D13% (6)
Community Discussion
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