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Question Practice

At what point does a company stop depreciating an asset?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Accountancy
Accountancy - II
Financial Statements - II
Question Bank

At what point does a company s...

Single Answer MCQ
Q-00053641

At what point does a company stop depreciating an asset?

1

When it's sold

2

At the end of its useful life

3

After one accounting year

4

Only if it becomes damaged

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