The depreciable base is the cost of a depreciable asset,or other amount substituted for cost in the financial statement,less its residual value.
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Q12: Depreciation expense is always recognised in profit
Q13: Depreciation represents a decline in the market
Q14: The useful life of the asset reflects
Q15: Amortisation has the same meaning as depreciation,but
Q16: Where a non-current asset appreciates in value
Q18: Where an addition to or extension of
Q19: The depreciable amount is the historical cost
Q20: Depreciation of an asset is required when
Q21: Assets should be depreciated from:
A) the date
Q22: Where an asset is revalued,the treatment of
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