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Do you agree or disagree with the following statement: The terminal value of asset never affects the annual amount of depreciation. - Book Keeping and Accountancy

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Question

Do you agree or disagree with the following statement:

The terminal value of assets never affects the annual amount of depreciation.

Options

  • Agree

  • Disagree

MCQ
True or False

Solution

The terminal value of assets never affects the annual amount of depreciation. - Disagree

shaalaa.com
Factors of Depreciation
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Chapter 7: Depreciation - Exercises [Page 243]

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