What is the purpose of amortisation?
A、To allocate the cost of an intangible non-current asset over its useful life
B、To ensure that funds are available for the eventual purchase of a replacement non-current asset
C、To reduce the cost of an intangible non-current asset in the statement of financial position to its estimated market value
D、To account for the risk associated with intangible assets
A、To allocate the cost of an intangible non-current asset over its useful life
B、To ensure that funds are available for the eventual purchase of a replacement non-current asset
C、To reduce the cost of an intangible non-current asset in the statement of financial position to its estimated market value
D、To account for the risk associated with intangible assets
【参考答案及解析】
Amortisation is an application of the matching concept and allocates the cost of the intangibleasset over its useful life (over the accounting periods expected to benefit from its use)
Amortisation is an application of the matching concept and allocates the cost of the intangibleasset over its useful life (over the accounting periods expected to benefit from its use)