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DP
Question Practice

If a company changes its depreciation method, which of the following must it ensure?

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MCQ_SA
CBSE
Class 11
Accountancy
Financial Accounting - I
Depreciation, Provisions and Reserves
Question Bank

If a company changes its depre...

Single Answer MCQ
Q-00054256

If a company changes its depreciation method, which of the following must it ensure?

1

The new method is more complex

2

It must apply the new method retroactively

3

The change is justified by circumstances

4

It must inform shareholders immediately

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What factor does NOT affect the calculation of depreciation?

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