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A-LevelAccountingThe accounting cycle9706/12 · Feb/Mar 2018 · Q21 Mark

Which accounting concepts apply to depreciation? 1 consistency 2 matching 3 money measurement 4 prudence

A1, 2 and 4
B1 and 2 only
C2 and 4 only
D3 and 4

✓ Correct answer

A: 1, 2 and 4

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About this question

Topic
The accounting cycle, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, Feb/Mar 2018 Paper 1 Variant 2, question 2.

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