Asked by
Ayano Tanaka
on Nov 18, 2024
Verified
The units-of-output depreciation method provides a good match of expenses against revenue.
Units-Of-Output
A depreciation method where the expense is based on the number of units produced or the machine hours used during the period.
Match of Expenses
The accounting principle of recognizing expenses in the same period as the revenues they helped to generate.
- Acquire knowledge about the idea and operation of depreciation, including different approaches and how to calculate them.
- Understand the range of depreciation techniques and how they apply to distinct types of assets.
Verified Answer
SP
Learning Objectives
- Acquire knowledge about the idea and operation of depreciation, including different approaches and how to calculate them.
- Understand the range of depreciation techniques and how they apply to distinct types of assets.
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