Which of these is not a name for the original cost of an asset less its accumulated depreciation (if any)?
A) Carrying amount
B) Depreciable amount
C) Book value
D) Written down value

Question

Quizplus · Accepted Answer

Depreciable amount refers to the cost of an asset that is subject to depreciation, not the original cost less accumulated depreciation. The other choices all refer to the original cost less accumulated depreciation. Carrying amount and book value are interchangeable terms, while written down value is a less common term used in some accounting systems.

Which of These Is Not a Name for the Original