{"id":53657,"date":"2024-04-15T23:57:12","date_gmt":"2024-04-15T23:57:12","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=53657"},"modified":"2024-04-15T23:57:12","modified_gmt":"2024-04-15T23:57:12","slug":"a-limited-company-follows-the-written-down-value-method-of-depreciating-machinery-year-after-year-due-to","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/a-limited-company-follows-the-written-down-value-method-of-depreciating-machinery-year-after-year-due-to\/","title":{"rendered":"A limited company follows the written down value method of depreciating machinery year after year due to"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Comparability&#8221; option2=&#8221;Convenience&#8221; option3=&#8221;Consistency&#8221; option4=&#8221;None of these&#8221; correct=&#8221;option3&#8243;]<!--more--><\/p>\n<p>The correct answer is C. Consistency.<\/p>\n<p>The written down value method of depreciation is a method of calculating depreciation that takes into account the fact that the value of an asset decreases over time. The value of an asset is reduced each year by a fixed percentage of its original value. This method is used because it is consistent and easy to understand. It is also a fair method of calculating depreciation, as it takes into account the fact that the value of an asset decreases over time.<\/p>\n<p>The other options are not correct. Comparability is not a reason for using the written down value method of depreciation. Convenience is not a reason for using the written down value method of depreciation. None of these is a reason for using the written down value method of depreciation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Comparability&#8221; option2=&#8221;Convenience&#8221; option3=&#8221;Consistency&#8221; option4=&#8221;None of these&#8221; correct=&#8221;option3&#8243;]<\/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-53657","post","type-post","status-publish","format-standard","hentry","category-accounting","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A limited company follows the written down value method of depreciating machinery year after year due to<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/a-limited-company-follows-the-written-down-value-method-of-depreciating-machinery-year-after-year-due-to\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A limited company follows the written down value method of depreciating machinery year after year due to\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Comparability&#8221; 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