Civil Engineering MCQJE Level Civil Engineering
Salvage value is the value of an asset:
Estimation and CostingEstimating, Costing and Construction ManagementEASY
Choose the correct answer
A
Excluding depreciation always
B
At the end of useful life
C
At the date of purchase
D
Before installation
Correct Answer
B. At the end of useful life
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Salvage value is the expected residual value after service life.
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This MCQ belongs to SSC JE Civil Paper-I Technical Mock Test Series. Full tests include timed attempts, rank comparison and subject-wise analysis.