MCQOPTIONS
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| 1. |
Which of the following is not a component of depreciation cost ? |
| A. | Repairs and maintenance cost. |
| B. | Loss due to obsolescence of the equipment. |
| C. | Loss due to decrease in the demand of product. |
| D. | Loss due to accident/breakdown in the machinery. |
| Answer» B. Loss due to obsolescence of the equipment. | |