1 |
Depreciation under diminishing balance method ont he cost price of the fixex asset of Rs. 50.000 after two year @10% will be |
- A. RS. 5,000
- B. Rs. 4050
- C. Rs.4500
- D. Rs. 40,000
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2 |
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
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3 |
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
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4 |
The term Depletion is used with reference to. |
- A. Tangible assets
- B. Intangible assets
- C. Current assets
- D. Fixex assets
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5 |
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
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6 |
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
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7 |
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
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8 |
The gradual decrease in the value of the fixex assets due to its use in the business is called. |
- A. Depreciation
- B. Depletion
- C. Amorization
- D. Fluctuation
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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 |
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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