A-LevelAccountingAccounting for non-current assets9706/12 · May/June 2019 · Q21 Mark

What are causes of depreciation on non-current assets? 1 change in its cost of repair 2 change in its market value 3 changes in technology

A1 and 2

B1 only

C2 and 3

D3 only

✓ Correct answer

D: 3 only

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill Accounting for non-current assets and see which topics are most likely to come up next.

About this question

Topic: Accounting for non-current assets, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, May/June 2019 Paper 1 Variant 2, question 2.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Related Accounting questions

Accounting for non-current assetsFeb/Mar 20161m

The following information relates to the disposal of a non-current asset. $ profit on disposal 5200 cost of non-curre…

Accounting for non-current assetsFeb/Mar 20161m

A computer used for demonstration to customers was treated as capital expenditure. At the end of the year a customer …

Accounting for non-current assetsFeb/Mar 20171m

Which item should be treated as capital expenditure?

Costing for materials and labourFeb/Mar 20201m

Which statement is correct when production increases?

Traditional costing methodsFeb/Mar 20201m

Why might absorption costing be used? 1 to calculate contribution 2 to decide whether or not to accept a special orde…

Traditional costing methodsFeb/Mar 20201m

The following information is available for a business. fixed overheads budget $180000, actual $190000 hours budget 10…

← Browse all past-paper questions