Genpact Interview Question: Difference between depreciation and amortization. what is FA?

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Genpact Finance and Accounts interview

Genpact Interview Question

Finance and Accounts Interview

Difference between depreciation and amortization. what is FA?

Interview Answers

Anonymous

Aug 18, 2020

Amortization is the practice of spreading an intangible asset's cost over that asset's useful life. Depreciation is the expensing of a fixed asset over its useful life.

Anonymous

Aug 18, 2020

Amortization is the practice of spreading an intangible asset's cost over that asset's useful life. Depreciation is the expensing of a fixed asset over its useful life.

Anonymous

Aug 18, 2020

Amortization is the practice of spreading an intangible asset's cost over that asset's useful life. Depreciation is the expensing of a fixed asset over its useful life.

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