MCQOPTIONS
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| 1. |
Depreciation is applied to non-current assets in the statement of financial position in order to |
| A. | show a profitability valuation of the non-current assets |
| B. | show a true and fair value of the non-current assets |
| C. | show how the non-current assets are affected by inflation |
| D. | show what the non-current assets could make if leased out |
| Answer» C. show how the non-current assets are affected by inflation | |