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Question 4 (2 marks) Capital cost allowance (CCA) is different from depreciation under the International Financial Repor

Posted: Mon May 30, 2022 7:11 am
by answerhappygod
Question 4 2 Marks Capital Cost Allowance Cca Is Different From Depreciation Under The International Financial Repor 1
Question 4 2 Marks Capital Cost Allowance Cca Is Different From Depreciation Under The International Financial Repor 1 (23.94 KiB) Viewed 22 times
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.