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प्रश्न
State whether the following statement is True or False with reasons:
It is not necessary to depreciate an asset if it is not in use.
पर्याय
True
False
MCQ
चूक किंवा बरोबर
उत्तर
This statement is False.
Depreciation is charged as an element of cost. If an asset is not in use, even though its value reduces due to the passage of time. Therefore, we can say that it is compulsory to depreciate an asset if it is not in use.
shaalaa.com
Factors of Depreciation
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
