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DP
Question Practice

Which of the following statements is false regarding the factors affecting depreciation?

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

Which of the following stateme...

Single Answer MCQ
Q-00054242

Which of the following statements is false regarding the factors affecting depreciation?

1

Higher original cost leads to higher depreciation

2

Less useful life results in higher annual depreciation

3

Salvage value directly reduces the total depreciable cost

4

Maintaining an asset has no impact on its depreciation

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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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