Most Companies Make Adjusting Entries for Depreciation Because

question 27

Multiple Choice

Most companies make adjusting entries for depreciation because:

• A)Their plant assets lose market value over time.
• B)The matching concept must be upheld in financial statements.
• C)Both A and B.
• D)Neither A nor B.

---

Definitions:

Antecedents

Factors or events that exist or occur before a specific behavior or decision, influencing its outcome.

Affective Events Theory

A model suggesting that workplace events cause emotional reactions that can impact employees' job performance and satisfaction.

Emotional

Relating to a person's feelings and how they affect their behavior and attitudes.

Cognitive Aspects

The mental processes involved in perception, memory, judgment, and reasoning.