Microsoft
MB7-701 · Question #91
You need to differentiate the depreciation of a fixed asset for income taxes and your internal financial statement. What two actions can you take? (Each correct answer presents a complete solution…
The correct answer is A. Enable the Part of Duplication List option in the depreciation book. B. Enter the Duplicate in Depreciation Book on the journal line. See the full explanation below for the reasoning.
Question
You need to differentiate the depreciation of a fixed asset for income taxes and your internal financial statement. What two actions can you take? (Each correct answer presents a complete solution. Choose two.)
Options
- AEnable the Part of Duplication List option in the depreciation book.
- BEnter the Duplicate in Depreciation Book on the journal line.
- CEnable the G/L Integration option in both depreciation books.
- DApply the DB1/SL or DB2/SL depreciation methods.
How the community answered
(28 responses)- A82% (23)
- C11% (3)
- D7% (2)
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