Which Statement Is FALSE

question 95

Multiple Choice

Which statement is FALSE?

• A)Depreciation is caused by the physical wear and tear of a plant asset.
• B)Depreciation is caused by obsolescence of a plant asset.
• C)Depreciation is not based on changes in the fair value of a plant asset.
• D)Accumulated Depreciation is a cash fund to be used to replace a plant asset when it wears out.

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Definitions:

Paragraph Development

The expansion of an idea or argument within a paragraph through the use of evidence, examples, and explanations.

Topic Sentence

A sentence that summarizes the main idea of a paragraph or section, often found at the beginning to guide readers.

Classification

The method of organizing or categorizing items, data, or information into distinct groups or categories based on shared qualities or characteristics.

Support Sentences

Sentences within a paragraph that provide further information, examples, or evidence to back up the main idea presented.