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March 12, 2025 | Question of the Week

edited Mar 13, 2025 6:01PM in Community Whiz 23 comments


Hello everyone! It's time to get your heads in the game! Do you have what it takes to face this week's challenge?

Power up your memory and comment your answer below.

During an Asset Transfer process, one of the steps involves updating posting asset or tax methods based  on their depreciation values. What do you call that process stage?

A. Prepare Data to Update Records

B. Update Asset Records

C. Update Tax Methods

D. Transfer Assets


Correct Answer: B Update Asset Records

Ayitah Tallada | General Accounting and Asset Management

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