Which of the Following Accounting Principles Requires Depreciation

question 117

Multiple Choice

Which of the following accounting principles requires depreciation?

• A) The revenue recognition principle
• B) The matching principle
• C) The reliability principle
• D) The entity concept

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Definitions:

Prosocial Behavior

Positive actions aimed at benefiting others, including behaviors like helping, sharing, donating, cooperating, and volunteering.

Voluntary Behavior

Actions that are performed at an individual's discretion or will, without external compulsion.

Social Reciprocity

The mutual exchange of social behaviors, gestures, or conversations that are fundamental to social interaction and building relationships.

Prosocial Behavior

Actions intended to benefit others, including behaviors like helping, sharing, donating, co-operating, and volunteering.