Accounting Methods – NBC Institute

FA – Nov 2013 – L1 – SA – Q14 – Accounting Concepts

Identifying the best depreciation method for loose tools.

Question

The best method to provide for depreciation on loose tools used in manufacturing businesses is the:

A. Reducing balance method
B. Straight line method
C. Sum of years digits
D. Revaluation method
E. Equal instalment method

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accounting Methods, Depreciation, Loose Tools

Topic: Accounting Concepts
Series: NOV 2013

FR – May 2018 – L2 – Q5b -Accounting Policies, Changes in Accounting Estimates, and Errors (IAS 8)

Explain the differences between the accrual, cash, and break-up basis of accounting, with examples

Question

Explain the differences between the accrual, cash, and break-up basis of accounting.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accounting Methods, Accrual Basis, Break-up Basis, Cash Basis, Financial Reporting
Level: Level 2

Topic: Accounting Policies, Changes in Accounting Estimates, and Errors (IAS 8)
Series: MAY 2018

FA – Nov 2013 – L1 – SA – Q14 – Accounting Concepts

Identifying the best depreciation method for loose tools.

Question

The best method to provide for depreciation on loose tools used in manufacturing businesses is the:

A. Reducing balance method
B. Straight line method
C. Sum of years digits
D. Revaluation method
E. Equal instalment method

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accounting Methods, Depreciation, Loose Tools

Topic: Accounting Concepts
Series: NOV 2013

FR – May 2018 – L2 – Q5b -Accounting Policies, Changes in Accounting Estimates, and Errors (IAS 8)

Explain the differences between the accrual, cash, and break-up basis of accounting, with examples

Question

Explain the differences between the accrual, cash, and break-up basis of accounting.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accounting Methods, Accrual Basis, Break-up Basis, Cash Basis, Financial Reporting
Level: Level 2

Topic: Accounting Policies, Changes in Accounting Estimates, and Errors (IAS 8)
Series: MAY 2018

Question Tag: Accounting Methods

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FA – Nov 2013 – L1 – SA – Q14 – Accounting Concepts

Identifying the best depreciation method for loose tools.

FR – May 2018 – L2 – Q5b -Accounting Policies, Changes in Accounting Estimates, and Errors (IAS 8)

Explain the differences between the accrual, cash, and break-up basis of accounting, with examples

FA – Nov 2013 – L1 – SA – Q14 – Accounting Concepts

Identifying the best depreciation method for loose tools.

FR – May 2018 – L2 – Q5b -Accounting Policies, Changes in Accounting Estimates, and Errors (IAS 8)

Explain the differences between the accrual, cash, and break-up basis of accounting, with examples

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FA – Nov 2013 – L1 – SA – Q14 – Accounting Concepts

Identifying the best depreciation method for loose tools.

You're reporting an error for "FA – Nov 2013 – L1 – SA – Q14 – Accounting Concepts"

FR – May 2018 – L2 – Q5b -Accounting Policies, Changes in Accounting Estimates, and Errors (IAS 8)

Explain the differences between the accrual, cash, and break-up basis of accounting, with examples

You're reporting an error for "FR – May 2018 – L2 – Q5b -Accounting Policies, Changes in Accounting Estimates, and Errors (IAS 8)"

FA – Nov 2013 – L1 – SA – Q14 – Accounting Concepts

Identifying the best depreciation method for loose tools.

You're reporting an error for "FA – Nov 2013 – L1 – SA – Q14 – Accounting Concepts"

FR – May 2018 – L2 – Q5b -Accounting Policies, Changes in Accounting Estimates, and Errors (IAS 8)

Explain the differences between the accrual, cash, and break-up basis of accounting, with examples

You're reporting an error for "FR – May 2018 – L2 – Q5b -Accounting Policies, Changes in Accounting Estimates, and Errors (IAS 8)"

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