Which of the Following Statements Accurately Describe What Depreciation Does

Which of the following statements accurately describe what depreciation does not do? Please select all that apply.

A) Depreciation does not represent the allocation of the cost of non-current assets to the accounting periods benefiting from the use of those assets by an organization.
B) Depreciation does not represent a loss in value of a non-current asset.
C) Depreciation is not a way of providing a current value for non-current assets at each statement of financial position date.
D) Depreciation is not a way of saving up for a replacement asset.