Adaptive Practice
Depreciation
10 questions • Earn up to 104 XP • First attempt — go for 100%!
0
XP
0
Correct
x1
Combo
Question 1 of 10
⏱ 0:30
Easy
What is depreciation?
Easy
Which of the following is NOT a factor affecting depreciation?
Medium
Which method of depreciation charges a fixed percentage on the reducing balance of the asset?
Easy
Formula for depreciation under Straight Line Method (SLM) is:
Medium
An asset costing ₹1,00,000 has a residual value of ₹10,000 and useful life of 5 years. What is the annual depreciation using Straight Line Method?
Medium
In which method is the depreciation charge higher in the initial years and decreases over time?
Hard
Sum of Years' Digits (SYD) for an asset with useful life of 4 years is:
Hard
If an asset is purchased on 1st October for ₹60,000 with useful life of 5 years and residual value ₹5,000, what is the depreciation for the first year using Straight Line Method?
Easy
Which of the following is TRUE about depreciation?
Medium
A machine purchased for ₹50,000 is depreciated at 10% p.a. on Written Down Value method. What is the depreciation for the second year?