MCQOPTIONS
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| 1. |
In _____ method depreciation amount per year for a machine is calculated by subtracting scrap value of machine from its original value and divide the remaining by number of years of useful life |
| A. | Diminishing balance method |
| B. | Sinking fund method |
| C. | Annuity charging method |
| D. | Straight line method |
| Answer» E. | |