CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Multiple Choice Question 22 Whi

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CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Multiple Choice Question 22 Which of the following principles best describes the conceptual rationale for the methods of matching depreciation expense with revenues? 0 Immediate recognition O Associating cause and effect O Partial recognition O systematic and rational allocation Click if you would like to Show Work for this question: Open Show Work SURNIT ANSWES SAVE FOR LATER Question Attempts: Unlimited Version 4.24.24 11.00 AM I 2000-2017JohnYyleasons.inc. All Rights Reserved. A Drvision of vacyPolicy

Explanation / Answer

correct option is "D"-systematic and rationalallocation

The cost of asset purchased should be depreciated over period benefit is expected to be driven from use of asset.

The depreciation is allocated on the basis of depreciation method that gives the best result .

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