Question 4 (2 marks) Capital cost allowance (CCA) is different from depreciation under the International Financial Repor
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
Question 4 (2 marks) Capital cost allowance (CCA) is different from depreciation under the International Financial Repor
Question 4 (2 marks) Capital cost allowance (CCA) is different from depreciation under the International Financial Reporting Standards (IFRS) in that a. CCA is for tax purposes while depreciation under IFRS is for financial reporting purpose b. CCA is for financial reporting purpose while depreciation under IFRS is for tax purposes c. Both a and b d. Neither a nor b O a. O b. O c. O d.