When can the figures in the Depreciation Schedule be considered inaccurate?

The figures in the Depreciation Schedule can be considered inaccurate when the report is run from a date earlier than the fixed asset start date. This is crucial because depreciation calculations are based on the asset's acquisition date; running a report from a date before this start date would not capture the full period of depreciation accurately. It could result in showing no depreciation expense at all for that asset in the report, leading to misleading financial information.

Regarding the other scenarios, if not all assets have been registered, this would not cause inaccuracies in the depreciation figures for the assets that are recorded; only those unregistered would be absent from the report. If the depreciation period is locked, changes to depreciation calculations could be limited, but this does not inherently make the figures inaccurate—it simply prevents further adjustments. Lastly, if assets are not selected for reporting, those specific assets would not appear in the report, but this again wouldn’t impact the accuracy of the figures for the selected assets. Thus, the timing of the report concerning the fixed asset's start date is the critical factor that determines accuracy in this context.