3. What two methods of distributing depreciation charges over several fiscal periods are possible?
4. Show how the factor of idle time would affect the charges of depreciation for different fiscal periods.
5. What three views must an accountant always consider when making the depreciation charge?
6. Have there been any successful efforts to standardize depreciation rates?
7. Of what importance are local conditions in determining an individual depreciation rate?
8. Name the important normal and contingent factors which must be taken into account in determining the depreciation rate.
9. Upon which of these factors must the rate be based at the time of installation?
10. Upon what considerations is the normal rate based?
11. What influence has the policy as to repairs upon the normal rate?
12. Explain the three methods of handling repairs and renewals on the books.