Accounting Multiple Choice Question – 12 September 2022

Which accounting policies illustrate the matching principle?

1. charging depreciation on fixed assets
2. revaluing fixed assets on a regular basis
3. using the reducing balance method of depreciation

Select ONE answer:

1. 1, 2 and 3
2. 1 and 2 only
3. 1 and 3 only
4. 2 and 3 only

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 3

1. Not correct
2. Not correct
3. Correct
4. Not correct

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