Civil Engineering MCQJE Level Civil Engineering
For field interpretation of Depreciation, the issue is reduction in value of an asset. What should be selected?
Estimation and CostingDepreciationMEDIUM
Choose the correct answer
A
depreciation applies only to fresh concrete
B
depreciation increases book value
C
salvage value is always zero
D
straight line method charges equal depreciation each year
Correct Answer
D. straight line method charges equal depreciation each year
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Depreciation accounts for loss of asset value over time. Correct option: D.
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