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DP
Question Practice

The useful life of an asset can affect which of the following?

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

The useful life of an asset ca...

Single Answer MCQ
Q-00054377

The useful life of an asset can affect which of the following?

1

Amount of profit

2

Amount of reserve

3

Amount of depreciation

4

Payment of dividends

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What is depreciation?

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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.

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