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A-LevelAccountingFinancial reporting and ethical considerations9706/12 · Oct/Nov 2011 · Q41 Mark

Which accounting policies illustrate the matching principle? 1 charging depreciation on non-current assets 2 revaluing non-current assets on a irregular basis 3 using the reducing balance method of depreciation

A1, 2 and 3
B1 and 2 only
C1 and 3 only
D2 and 3 only

✓ Correct answer

C: 1 and 3 only

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About this question

Topic
Financial reporting and ethical considerations, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, Oct/Nov 2011 Paper 1 Variant 2, question 4.

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