Microsoft
MB7-701 · Question #45
A user posts a fixed asset (FA) appreciation of $20,000 on fixed asset X. The value of this appreciation must also be taken into account on the next monthly depreciation calculation. You need to…
The correct answer is D. depreciation books. See the full explanation below for the reasoning.
Question
A user posts a fixed asset (FA) appreciation of $20,000 on fixed asset X. The value of this appreciation must also be taken into account on the next monthly depreciation calculation. You need to ensure that the added value of fixed asset X is depreciated over time. You enable Part of Depreciable Basis for the FA posting type Appreciation. Where is the correct location to set up the depreciable basis?
Options
- AFA G/L journals
- Bfixed assets setup
- Cfixed asset cards
- Ddepreciation books
How the community answered
(19 responses)- B5% (1)
- C11% (2)
- D84% (16)
Community Discussion
No community discussion yet for this question.