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DP
Question Practice

What distinguishes the Written Down Value Method from the Straight Line Method?

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

What distinguishes the Written...

Single Answer MCQ
Q-00054304

What distinguishes the Written Down Value Method from the Straight Line Method?

1

It charges a fixed amount of depreciation each year

2

It bases depreciation on the asset's diminishing value

3

It requires fewer accounting entries

4

It is mostly used for short-term assets

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