A-LevelAccountingNon-current Assets and DepreciationFeb/Mar 2021Paper 1 Q41 Mark
Why does a business charge depreciation on its non-current assets?
Ato retain profits for the replacement of worn out assets
Bto show the correct value of the asset in the statement of financial position
Cto show when an asset needs replacing
Dto spread the cost of the assets over their useful lives
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of non-current assets and depreciation 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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