| 1 |
Under the straight line method of charging depreciation, the amount of deperciation . |
- A. Decrease every year
- B. Increase every year
- C. <div>Remain constant every year</div>
- D. None of the above
|
| 2 |
The term Depletion is used with reference to. |
- A. Tangible assets
- B. Intangible assets
- C. Current assets
- D. Fixex assets
|
| 3 |
Under diminhing balance method, depreciationis calculated on. |
- A. The original cost
- B. The scrape value
- C. Book value
- D. All of the above
|
| 4 |
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
|
| 5 |
Under the diminishing balance method the depreciationis calculated on . |
- A. Book value
- B. Original value
- C. Residual value
- D. None of these
|
| 6 |
The value of an asset at the end of the working life is called. |
- A. Book value
- B. Scrape value
- C. Market value
- D. None of these
|
| 7 |
To make provision for the replacement of the assets. the method is to be ysed is. |
- A. Written down value method
- B. Annuity method
- C. Sinking fund method
- D. Insurance policy method
|
| 8 |
the term depreciationis used with reference to. |
- A. Tangible assets
- B. Intangible asets
- C. Current assets
- D. Fixed assets
|
| 9 |
Depreciation caused by some external amoutn of anual depreciation gradully. |
- A. Increase
- B. Decrease
- C. Remain constant
- D. None of these
|
| 10 |
Which of the following method is suitable for charging depreciation an machinery and furniture. |
- A. Straight line method
- B. Diminishing balance method
- C. Depreciation on fixed method
- D. Annuity method
|
