Which of the following statements about depreciation is false?

a. depreciation is the process of allocating the cost of buildings and equipment over their productive lives using a systematic and rational method

b. Depreciation is an example of the matching principle in which a portion of an assets cost is allocated to an expense in the same period that revenues are generated by its use

c. Depreciation is a process of cost allocation, not a process of determining an asset's current market value or worth

d. Depreciation is the process of putting aside funds for the eventual replacement of the assets being depreciated