What is the purpose of the chart of depreciation?

What is the purpose of the chart of depreciation?
A . The chart of depreciation is a reporting tool that structures your assets for hierarchical reporting.
B . The chart of depreciation defines the asset classes for which you can create fixed assets
C . The chart of depreciation manages country-specific legal valuation of fixed assets
D . The chart of depreciation substitutes the operational chart of accounts in asset-related postings.

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Answer: C