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DP
Question Practice

What is the primary aim of accounting for depreciation?

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

What is the primary aim of acc...

Single Answer MCQ
Q-00054196

What is the primary aim of accounting for depreciation?

1

To enhance asset value

2

To provide tax deductions

3

To match the cost of an asset with its revenue

4

To increase financial statement complexity

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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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