Question

Which of the following is NOT an example of arbitrary and in exact measurement techniques that...

Which of the following is NOT an example of arbitrary and in exact measurement techniques that compliment the measurement process?

Depreciation

Net Loss

Depletion

Amortization

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Answer #1

NET LOSS is not a measurement process.

The techniques such as depreciation,Depletion and Amortization are used for allocating the cost. Whereas Net loss is not a measurement technique that compliment the measurement process.It only denotes amount of loss incurred during the particular financial year and carried to Balance sheet.

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