MCQOPTIONS
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| 1. |
In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset? |
| A. | Straight line method |
| B. | Sinking fund method |
| C. | Sum-of-year digit method |
| D. | Declining balance method |
| Answer» B. Sinking fund method | |