Depreciation

Depreciation

11th Grade

10 Qs

quiz-placeholder

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Depreciation

Depreciation

Assessment

Quiz

Other

11th Grade

Practice Problem

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RAGESH R

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Spot the odd one from the following

Land

Building

Furniture

Cassh

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is depreciation?

An increase in the value of an asset over time

Resource diminishes over the long run because of utilization

Assets that can quickly be turned into cash.

Possession of assets over liabilities.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Decrease in value of a gold mine

Depreciation

Depletion

Amortisation

Fluctuation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Amortisation is connected with

Tangible assets

Intangible assets

Fictitious assets

None of these

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Investment in stock market is subject to

Depletion

Fluctuation

Depreciation

Amortisation

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Depreciation is

Asset

Loss

Expense

Liability

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Appreciation means

Increase

Decrease

Increase/Decrease

No change

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