[amp_mcq option1=”a-3. b-4, c-1, d-2″ option2=”a-1, b-3, c-2, d-4″ option3=”a-2. b-3, c-4, d-1″ option4=”a-4, b-2, c-1, d-3″ correct=”option1″]<\/p>\n
The correct answer is: A. a-3. b-4, c-1, d-2<\/p>\n
The Annuity Method is a depreciation method that calculates depreciation expense as a constant amount each year. This method is often used for assets that have a long useful life, such as patterns.<\/p>\n
The Revaluation Method is a depreciation method that calculates depreciation expense as a percentage of the asset’s book value. This method is often used for assets that have a short useful life, such as motor lorries.<\/p>\n
The Fixed Instalment Method is a depreciation method that calculates depreciation expense as a constant percentage of the asset’s original cost. This method is often used for assets that have a medium useful life, such as copyrights.<\/p>\n
The Diminishing Balance Method is a depreciation method that calculates depreciation expense as a constant percentage of the asset’s declining book value. This method is often used for assets that have a short useful life, such as live stock.<\/p>\n
Here is a brief explanation of each option:<\/p>\n
[amp_mcq option1=”a-3. b-4, c-1, d-2″ option2=”a-1, b-3, c-2, d-4″ option3=”a-2. b-3, c-4, d-1″ option4=”a-4, b-2, c-1, d-3″ correct=”option1″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-53300","post","type-post","status-publish","format-standard","hentry","category-accounting","no-featured-image-padding"],"yoast_head":"\n