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Depreciation Pr...

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  • Question 1
    1 / -0

    Under the diminishing balance method, depreciation amount is a/an ________.

  • Question 2
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    Some of the benefits you receive with depreciation are____________.

  • Question 3
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    Asset that has a limited useful life are termed as:

  • Question 4
    1 / -0

    Under the diminishing balance method depreciation:

  • Question 5
    1 / -0

    Loss on sale of plant and machinery should be written off against:

  • Question 6
    1 / -0

    Under the diminishing balance method, depreciation is calculated on:

  • Question 7
    1 / -0

    An additional purchase of Rs. 2000 was made for a machine on 10th October. Under straight line method, under Income tax Act, depreciation __________.

  • Question 8
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    The depreciation method that is best suited for a machine that is being used on an hourly basis will be ________.

  • Question 9
    1 / -0

    Under the fixed installment method of providing depreciation it is calculated on

  • Question 10
    1 / -0

    The economic factors causing depreciation is/are:

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