A-LevelAccountingAccounting ConceptsOct/Nov 2016Paper 1 Q11 Mark
Which transaction applies the matching concept?
Amachine acquired on long-term rental is included in non-current assets.
BComputer equipment is depreciated over two years.
Cbuilding is revalued following a fall in property prices.
Dwaste-paper basket is treated as revenue expenditure.
✓ Correct Answer
The correct answer is B. This question tests the candidate's understanding of accounting concepts 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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