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Unformatted text preview: CHAPTER 11 Depreciation, Impairments, and Depletion ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC) Topics Questions Brief Exercises Exercises Problems Concepts for Analysis 1. Depreciation methods; meaning of depreciation; choice of depreciation methods. 1, 2, 3, 4, 5, 6, 14, 20, 21, 22, 23 1, 2, 3, 4, 5, 8, 14, 15 1, 2, 3 1, 2, 3, 4, 5 2. Computation of depre ciation. 7, 8, 9, 10, 14 1, 2, 3, 4 1, 2, 3, 4, 5, 6, 7, 10, 14, 15 1, 2, 3, 4, 11, 12 1, 2, 3 3. Depreciation base. 6 5 8, 17 1, 2, 3 3 4. Errors; changes in estimate. 13 7 11, 12, 13, 14 3, 4 3 5. Depreciation of partial periods. 15 3, 4 3, 4, 5, 7, 15 1, 2, 3, 8, 10, 11 6. Composite method. 11, 12 6 9 2 7. Impairment of value. 16, 17, 18, 19 8 16, 17, 18 9 8. Depletion. 22, 23, 24, 25, 26, 27 9 19, 20, 21, 22, 23 5, 6, 7 9. Ratio analysis. 28 10 24 *10. Tax depreciation (MACRS). 29 11 25, 26 12 *This material is covered in an Appendix to the chapter. 111 ASSIGNMENT CLASSIFICATION TABLE (BY LEARNING OBJECTIVE) Learning Objectives Brief Exercises Exercises Problems 1. Explain the concept of depreciation. 2. Identify the factors involved in the depreciation process. 2, 3, 4, 5, 7 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15 1, 2, 3, 4, 8, 10, 11, 12 3. Compare activity, straightline and decreasing charge methods of depreciation. 2, 3, 4, 5 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15 1, 2, 3, 4, 5, 8, 10, 11, 12 4. Explain special depreciation methods. 1, 6 5. Explain the accounting issues related to asset impairment. 8 16, 17, 18 9 6. Explain the accounting procedures for depletion of natural resources. 9 19, 20, 21, 22, 23 5, 6, 7 7. Explain how to report and analyze property, plant, equipment, and natural resources. 10 24 *8. Describe income tax methods of depreciation. 11 25, 26 12 112 ASSIGNMENT CHARACTERISTICS TABLE 113 It e m Description Level of Difficu lty Time (minut es) E 111 Depreciation computations—SL, SYD, DDB. Simple 15–20 E 112 Depreciation—conceptual understanding. Moder ate 20–25 E 113 Depreciation computations—SYD, DDB—partial periods. Simple 15–20 E 114 Depreciation computations—five methods. Simple 15–25 E 115 Depreciation computations—four methods. Simple 20–25 E 116 Depreciation computations—five methods, partial periods. Moder ate 25–35 E 117 Different methods of depreciation. Simple 20–30 E 118 Depreciation computation—replacement, nonmonetary exchange. Moder ate 20–25 E 119 Composite depreciation. Simple 15–20 E 11 10 Depreciation computations, SYD. Simple 10–15 E 11 11 Depreciation—change in estimate. Simple 10–15 E 11 12 Depreciation computation—addition, change in estimate. Simple 20–25 E 11 13 Depreciation—replacement, change in estimate. Simple 15–20 E 11 14 Error analysis and depreciation, SL and SYD. Moder ate 20–25 114 E 11 15 Depreciation for fractional periods. Moder ate 25–35 E 11 16 Impairment. Simple 10–15 E 11 17 Impairment. Simple 15–20 E 11 18 Impairment. Simple 15–20...
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 Depreciation, Impairment, ........., Moder

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