Intermediate Accounting ch11 - CHAPTER 11 Depreciation...

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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.

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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, straight-line 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

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ASSIGNMENT CHARACTERISTICS TABLE
Item Description
Level of
Difficulty
Time
(minutes)
E11-1 Depreciation computations—SL, SYD, DDB. Simple 15–20
E11-2 Depreciation—conceptual understanding. Moderate 20–25
E11-3 Depreciation computations—SYD, DDB—partial periods. Simple 15–20
E11-4 Depreciation computations—five methods. Simple 15–25
E11-5 Depreciation computations—four methods. Simple 20–25
E11-6 Depreciation computations—five methods, partial
periods.
Moderate 25–35
E11-7 Different methods of depreciation. Simple 20–30
E11-8 Depreciation computation—replacement, nonmonetary
exchange.
Moderate 20–25
E11-9 Composite depreciation. Simple 15–20
E11-10 Depreciation computations, SYD. Simple 10–15
E11-11 Depreciation—change in estimate. Simple 10–15
E11-12 Depreciation computation—addition, change in estimate. Simple 20–25
E11-13 Depreciation—replacement, change in estimate. Simple 15–20
E11-14 Error analysis and depreciation, SL and SYD. Moderate 20–25
E11-15 Depreciation for fractional periods. Moderate 25–35
E11-16 Impairment. Simple 10–15
E11-17 Impairment. Simple 15–20
E11-18 Impairment. Simple 15–20
E11-19 Depletion computations—timber. Simple 15–20
E11-20 Depletion computations—oil. Simple 10–15
E11-21 Depletion computations—timber. Simple 15–20
E11-22 Depletion computations—mining. Simple 15–20
E11-23 Depletion computations—minerals. Simple 15–20
E11-24 Ratio analysis. Moderate 15–20
*E11-25 Book versus tax (MACRS) depreciation. Moderate 20–25
*E11-26 Book versus tax (MACRS) depreciation. Moderate 15–20
P11-1 Depreciation for partial period—SL, SYD, and DDB.