Depreciable Amount Is Defined in AASB 116 As

question 4

Multiple Choice

Depreciable amount is defined in AASB 116 as:

• A) the allocation of the cost of an asset, or other amount substituted for cost, over its useful life
• B) the cost of an asset, or other amount substituted for cost, less accumulated depreciation
• C) the cost of an asset, or other amount substituted for cost, less its residual value
• D) none of the above

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