Which of the following is INCORRECT regarding depreciation a) It is not a matter of valuation b) It is part of the matching of revenues and expenses c) It is a means of cost allocation d) It is an attempt to reflect the fair market values of the related assets

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Which of the following is INCORRECT regarding depreciation? a) It is not a matter of valuation. b) It is part of the matching of revenues

Which of the following is INCORRECT regarding depreciation?

		a) It is not a matter of valuation.
		b) It is part of the matching of revenues and expenses.
		c) It is a means of cost allocation.
		d) It is an attempt to reflect the fair market values of the related assets.

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