[{"id":244386,"question":"Under aunuity method, the annual charger for depreciation wil be debited to.","choices":[{"text":"Assets account","value":"A"},{"text":"Depreciation account","value":"B"},{"text":"Interest account","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244385,"question":"The amount charged to depreciation goes on declining in.","choices":[{"text":"Diminishing balance method","value":"A"},{"text":"Fixex instaliment method","value":"B"},{"text":"Annuity method","value":"C"},{"text":"Depreciation fund method","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244384,"question":"Depreciation is charged at fixex rate on the reducing balance, under the.","choices":[{"text":"Written - down value method","value":"A"},{"text":"Annuity method","value":"B"},{"text":"Sinking fund method","value":"C"},{"text":"Depletion method","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244383,"question":"Another name of diminishing balance method of depreciation is the","choices":[{"text":"Reducing balance method","value":"A"},{"text":"Sinking fund method","value":"B"},{"text":"Straight line mehod","value":"C"},{"text":"Revaluation method","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244382,"question":"Under diminhing balance method, depreciationis calculated on.","choices":[{"text":"The original cost","value":"A"},{"text":"The scrape value","value":"B"},{"text":"Book value","value":"C"},{"text":"All of the above","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":244381,"question":"Depreciation is","choices":[{"text":"An Income","value":"A"},{"text":"An expense","value":"B"},{"text":"A loss","value":"C"},{"text":"A liability","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244380,"question":"The amount of assets may rise of fell on account of.","choices":[{"text":"Depreciation","value":"A"},{"text":"Fluctuation","value":"B"},{"text":"Depletion","value":"C"},{"text":"Amortization","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244379,"question":"The process of writing of intengible assets patent right, good will etc is called.","choices":[{"text":"Depreciation","value":"A"},{"text":"Fluctuaton","value":"B"},{"text":"Amorization","value":"C"},{"text":"depletion","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":244378,"question":"Which of the following term is used for the depreciation of wasting assets such as timber tree, mines, oil wells etc.","choices":[{"text":"Depreciation","value":"A"},{"text":"Depletion","value":"B"},{"text":"Amortization","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244377,"question":"The assets which have not got physical existence are called.","choices":[{"text":"Intangible assets","value":"A"},{"text":"Intangible fixed assets","value":"B"},{"text":"Current assets","value":"C"},{"text":"Tangible fixed assets","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244376,"question":"The asses which have physical existence are called.","choices":[{"text":"Intangible assets","value":"A"},{"text":"Intangible fixed assets","value":"B"},{"text":"Tangible fixed assets","value":"C"},{"text":"Both tangible or intangible assets","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":244375,"question":"Under which method the book value of the fixed assets acn be reduce to zero after certain year","choices":[{"text":"Diminishing balance method","value":"A"},{"text":"Straght line method","value":"B"},{"text":"Depreciation find fond","value":"C"},{"text":"Deflation method","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244374,"question":"The depreciation charged to motor car account will be debited to.","choices":[{"text":"Depreciation account","value":"A"},{"text":"Motor car account","value":"B"},{"text":"Cash account","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244373,"question":"Which of the following method is suitable for charging depreciation an machinery and furniture.","choices":[{"text":"Straight line method","value":"A"},{"text":"Diminishing balance method","value":"B"},{"text":"Depreciation on fixed method","value":"C"},{"text":"Annuity method","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244372,"question":"Under the straight line method of charging depreciation, the amount of deperciation .","choices":[{"text":"Decrease every year","value":"A"},{"text":"Increase every year","value":"B"},{"text":"<div>Remain constant every year</div>","value":"C"},{"text":"None of the above","value":"D"},{"value":"E"}],"correctAnswer":3}]