1 |
Depreciation caused by some external amoutn of anual depreciation gradully. |
- A. Increase
- B. Decrease
- C. Remain constant
- D. None of these
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2 |
Depreciation is charged at fixex rate on the reducing balance, under the. |
- A. Written - down value method
- B. Annuity method
- C. Sinking fund method
- D. Depletion method
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3 |
Depreciation is |
- A. An Income
- B. An expense
- C. A loss
- D. A liability
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4 |
Under which method the book value of the fixed assets acn be reduce to zero after certain year |
- A. Diminishing balance method
- B. Straght line method
- C. Depreciation find fond
- D. Deflation method
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5 |
The asses which have physical existence are called. |
- A. Intangible assets
- B. Intangible fixed assets
- C. Tangible fixed assets
- D. Both tangible or intangible assets
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6 |
Under annuity method the amount of depreciation is. |
- A. Increasing every year
- B. Decreasing every year
- C. Fixed for all the year
- D. None of these
|
7 |
The assets which have not got physical existence are called. |
- A. Intangible assets
- B. Intangible fixed assets
- C. Current assets
- D. Tangible fixed assets
|
8 |
Depreciation is charged on. |
- A. Fixed tangible assets only
- B. Fixex intangible assets only
- C. Current assets only
- D. None of these
|
9 |
The process of writing of intengible assets patent right, good will etc is called. |
- A. Depreciation
- B. Fluctuaton
- C. Amorization
- D. depletion
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10 |
Which of the following term is used for the depreciation of wasting assets such as timber tree, mines, oil wells etc. |
- A. Depreciation
- B. Depletion
- C. Amortization
- D. None of these
|