Practice mode Accounting

What is the part of an asset’s acquisition cost that has not yet been allocated as depreciation called?

Correct answer B. Written down value

Explanation

Written down value is cost less accumulated depreciation, representing the portion of the asset's cost still to be charged against future periods.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.