Question

In declining balance method of depreciation calculation, the

a.

value of the asset decreases linearly with time.

b.

annual cost of depreciation is same every year.

c.

annual depreciation is the fixed percentage of the property value at the beginning of the particular year.

d.

none of these.

Answer: (c).annual depreciation is the fixed percentage of the property value at the beginning of the particular year.

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Q. In declining balance method of depreciation calculation, the

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