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 | |