MCQOPTIONS
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| 1. |
Under diminishing balance method, |
| A. | The rate of depreciation falls every year |
| B. | the amount on which deprecation is calculated falls every year |
| C. | the rate as well as amount of depreciation falls every year. |
| D. | the rate as well as amount of depreciation remains constant. |
| Answer» C. the rate as well as amount of depreciation falls every year. | |