O-LevelAccountingAccounting principles and policiesOct/Nov 2024Paper 1 Q171 Mark
Why should a business depreciate its non-current assets?
Ato charge the cost of an asset as an expense in the year of purchase
Bto ensure that cash is available to replace the non-current assets
Cto ensure the value of non-current assets is not understated
Dto match capital expenditure against the revenue it has helped to earn
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of accounting principles and policies 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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