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DP
Question Practice

In the case of an asset having multiple uses, what should be considered when selecting a depreciation method?

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

In the case of an asset having...

Single Answer MCQ
Q-00054258

In the case of an asset having multiple uses, what should be considered when selecting a depreciation method?

1

Market demand for the product

2

Past performance of similar assets

3

The predominant use of the asset

4

Cost of the asset

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Q1.

What is depreciation?

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Q2.

Which method calculates depreciation as a fixed percentage of the book value each year?

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Q3.

What factor does NOT affect the calculation of depreciation?

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Q4.

What is the salvage value in relation to depreciation?

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