WorksheetsDepreciation.
Total questions: 5
Worksheet time: 3mins
Name
Class
Date
1.
Assets that will no longer be in the company in 12 months’ time
a)
Fixed assets
b)
Current assets
c)
Appreciate
d)
Depreciate
2.
The main objective of depreciation is
a)
To show the previous profit
b)
To calculate net profit
c)
To reduce tax
d)
To satisfy the tax department
3.
The following are the examples of tangible non currents assets except
a)
Factory machines
b)
Trolleys in supermarkets
c)
Office equipments
d)
Customer goodwill
4.
The following are the examples of tangible non currents assets except
a)
Factory machines
b)
Trolleys in supermarkets
c)
Office equipments
d)
Customer goodwill
5.
The following are the factors affecting depreciation...
a)
Scrap value
b)
EUEL
c)
True cost
d)
All the above
100 %
