Analytical procedures for depreciation expense and accumulated depreciation would include all of the following ratios except
A)current depreciation as a percentage of previous year depreciation.
B)fixed assets as a percentage of previous year assets.
C)accumulated depreciation as a percentage of gross assets each year.
D)average cost of assets.

Question

Quizplus · Accepted Answer

The average cost of assets is not directly related to analyzing depreciation expense or accumulated depreciation. The other options are more relevant ratios for assessing depreciation.

Analytical Procedures for Depreciation Expense and Accumulated Depreciation Would Include