It is common for superannuation plans to recognise depreciation expense for its non-current assets.

Question

Quizplus · Accepted Answer

Superannuation plans, being investment vehicles designed to accumulate funds for retirement, typically do not own non-current assets that depreciate in the same way that operating businesses do. Their assets usually consist of financial investments such as stocks, bonds, and real estate, rather than physical assets subject to depreciation.

It Is Common for Superannuation Plans to Recognise Depreciation Expense