

MCQOPTIONS
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1. |
Salvage value is the most flexible criteria for analysing a financial investment. 'Salvaging' means |
A. | disposing off a machine/property on as is where is basis. |
B. | disposing off machine/property, which is no longer useful in the present scenerio. |
C. | mortgaging the obsolete machine/property. |
D. | writing off the obsolete machine/ property. |
Answer» C. mortgaging the obsolete machine/property. | |