| 1 |
The method is specially suited to natural surces is said to be |
- A. Annuity method
- B. Depletion method
- C. Revalution method
- D. Sum of digit method
|
| 2 |
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
|
| 3 |
Depreciation arise because of |
- A. Due to fall in the market value of fixex assets
- B. Due to physical wear and tear of the assets
- C. Due to fall in the market value
- D. None of these
|
| 4 |
Under the diminishing balance method the depreciationis calculated on . |
- A. Book value
- B. Original value
- C. Residual value
- D. None of these
|
| 5 |
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
|
| 6 |
Interest is debited to assets account uder the. |
- A. Annuity method
- B. Depreciation fund method
- C. Insurance policy method
- D. Depletion method
|
| 7 |
Depreciation caused by some external amoutn of anual depreciation gradully. |
- A. Increase
- B. Decrease
- C. Remain constant
- D. None of these
|
| 8 |
The amount of assets may rise of fell on account of. |
- A. Depreciation
- B. Fluctuation
- C. Depletion
- D. Amortization
|
| 9 |
The amount charged as depreciation goes on declining in |
- A. Depletion fund method
- B. Auunity method
- C. Diminishing balance method
- D. Straiight line method
|
| 10 |
Under diminhing balance method, depreciationis calculated on. |
- A. The original cost
- B. The scrape value
- C. Book value
- D. All of the above
|
