Question：What is the purpose of charging depreciation in accounts?
A. To account for the 'wearing-out' of the asset over its life
B. To ensure that funds are available for the eventual replacement of the asset
C. To allocate the cost of a non-current asset over the accounting periods expected to benefit from its use
D. To reduce the cost of the asset in the statement of financial position to its estimated market value
The correct answer is:To allocate the cost of a non-current asset over the accounting periods expected to benefit from its use.
解析：Depreciation is not related to cash and does not have the effect of setting aside funds for the replacement of the asset. Reducing the cost of an asset in the statement of financial position to its estimated market value is revaluation.
Depreciation has nothing to do with the wearing out of assets, depreciation is an application of the matching concept and allocates the cost of the asset over the accounting periods expected to benefit from its use.
高顿网校温馨提醒
各位考生，2015年ACCA备考已经开始，为了方便各位学员能更加系统地掌握考试大纲的重点知识，帮助大家充分备考，体验实战，高顿网校开通了全免费的
ACCA题库（包括精题真题和全真模考系统），题库里附有详细的答案解析，学员可以通过多种题型加强练习。
戳这里进入ACCA免费题库>>>
写评论
