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. | |