A-LevelAccountingThe accounting cycle9706/12 · May/June 2024 · Q21 Mark

Which item incorrectly applies the matching concept?

Acapitalising staff expertise and writing it off over the working life of the staff

Bincluding a value for unused stationery in the statement of financial position

Cproviding for irrecoverable debts in the year the sales took place

Drecording telephone costs incurred but not yet billed

✓ Correct answer

A: capitalising staff expertise and writing it off over the working life of the staff

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Topic: The accounting cycle, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, May/June 2024 Paper 1 Variant 2, question 2.

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