MCQOPTIONS
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MCQOPTIONS
| 1. |
The depreciation during the year 'n', in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage 'N' to th |
| A. | Initial cost |
| B. | Book value at the end of (n - 1)th year |
| C. | Depreciation during the (n - 1)th year |
| D. | Difference between initial cost and salvage value |
| Answer» C. Depreciation during the (n - 1)th year | |