Which of the Following Requires Businesses to Record Depreciation

question 194

Multiple Choice

Which of the following requires businesses to record depreciation?

• A) revenue recognition principle
• B) matching principle
• C) cost principle
• D) going concern principle

---

Definitions:

Low-Cost Provider

A business strategy where a company offers products or services at a lower price than its competitors, aiming to capture market share or cost leadership.

E-Commerce

The buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet.

Market Position

A term that describes the standing of a company or its products in a particular market relative to its competitors, often measured by market share.

Growth

The process of increasing in size, quantity, value, or strength, often used in reference to businesses, populations, or economies.