ACC 422 Week 3 DQ 1 To purchase this material click Week-3-DQ-1 What is the purpose of depreciation? Does.

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ACC 422 Week 3 DQ 1 To purchase this material click Week-3-DQ-1 What is the purpose of depreciation? Does the book value of a fixed asset (cost minus accumulated depreciation) communicate to a user what the asset is worth? Explain why or why not. Should the financial statements reflect the value of fixed assets? Explain why or why not. For more classes visit