[Solved] What are the causes of depreciation?

McqMate

Q.	What are the causes of depreciation?
A.	Wear and Tear
B.	Obsolescence
C.	Expiration of legal rights
D.	All of the above
Answer» D. All of the above

1.1k

0

Do you find this helpful?

3

View all MCQs in

Principles of Accounting

Discussion

No comments yet

Related MCQs

Which is true. I)Fixed installation method is recognised by income tax department. II)The amount of depreciation in WDV method remains same.
Cost of machine=1,90,000 Installation=10,000 Scrap=50,000 Life=6 yrs Calculate depreciation as per SLM method
Machinery purchased on 1 Oct,2016 for 40,000.This machinery was sold on Dec 2017.Calculate the total depreciation charged on machinery till date if co charges 10% as per WDV method if accounts are closed on 31st March every year.
What is the formula for calculating depreciation in SLM Method?