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Question Practice

What is the main characteristic of the Straight Line Method of calculating depreciation?

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

What is the main characteristi...

Single Answer MCQ
Q-00054247

What is the main characteristic of the Straight Line Method of calculating depreciation?

1

Depreciation decreases over time

2

Depreciation is equal each year

3

Depreciation is based on production levels

4

Depreciation varies based on asset usage

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Q1.

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.

What is the salvage value in relation to depreciation?

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