Why is depreciation of plant and equipment an expense in, Finance Basics

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Why is depreciation of plant and equipment an expense in

Question: 1. Why is depreciation of plant and equipment an expense in the income statement?

2. Is amortization of a patent right an appropriate expense in measuring value added in operations?

3. Why is the matching principle important?

4. Why do fundamental analysts want accountants to follow the reliability criterion when preparing financial reports?

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Finance Basics: Why is depreciation of plant and equipment an expense in

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Finance Basics: Why is depreciation of plant and equipment an expense in

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