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Is depreciation the loss of value of fixed assets
No. An operative (and not a pseudo-philosophical) explanation of depreciation might be: it is a number that allows us to save taxes.
1) Future cost and historical cost: financial decision is based on the future cost and not on the historical cost. The decision related to the future and hence the cost are likely
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Carrefour & Tesco
nestle is an orgnization wether bureacratic approach approperiate for the organizational performance or not?
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