A-LevelAccountingDepreciation and Non-Current AssetsOct/Nov 2020Paper 1 Q21 Mark
What is depreciation?
Ameans of allocating the cost of a non-current asset over its useful life
Bmeasure of the decrease in market value of a non-current asset
Can outflow of cash from the use of a non-current asset
Dthe expense spent on the non-current asset
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of depreciation and non-current assets within the Accountingsyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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