| 1 |
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
|
| 2 |
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
|
| 3 |
Under the diminishing balance method the depreciationis calculated on . |
- A. Book value
- B. Original value
- C. Residual value
- D. None of these
|
| 4 |
The amount charged as depreciation goes on declining in |
- A. Depletion fund method
- B. Auunity method
- C. Diminishing balance method
- D. Straiight line method
|
| 5 |
Depreciation fund method is also known as. |
- A. Sinking fund method
- B. Annuity method
- C. Sum- of year's digit method
- 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 |
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
|
| 8 |
Under aunuity method, the annual charger for depreciation wil be debited to. |
- A. Assets account
- B. Depreciation account
- C. Interest account
- D. None of these
|
| 9 |
Depreciation is |
- A. An Income
- B. An expense
- C. A loss
- D. A liability
|
| 10 |
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
|
