Which of the Following Statement Is True of Accumulated Depreciation

Multiple Choice

Which of the following statement is true of accumulated depreciation?

A) It is the difference between acquisition costs and residual value.
B) It is the difference between acquisition costs and revalued amount.
C) It is initially derecognised on first time revaluations.
D) It is restated proportionately to the carrying amount and the revalued amount of the asset.