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WorksheetsDAY 45 WORKSHEET LSGD (Depreciation and Valuation,SPECIFICATION
Total questions: 15
Worksheet time: 11mins
In the straight-line method of depreciation, if the scrap value of a building is 10% of its original cost and its life is 50 years, what percentage of the cost is written off each year?
2%
1.8%
1.6%
1.5%
In constant percentage (declining balance) method of depreciation, the property loses value based on —
Fixed annual amount
Variable annual percentage on remaining value
Variable annual percentage on original cost
Fixed annual percentage on scrap value
In valuation, which method is used when a property is partly developed or undeveloped but has high future potential?
Rental method
Development method
Direct comparison method
Profit-based valuation method
Which of the following rules provides the most accurate result in earthwork quantity computation?
Trapezoidal rule
Mean sectional area method
Mid-sectional area method
Prismoidal formula
In detailed specification of earthwork excavation, the excavated soil must not be placed within __________ of the trench edge.
30 cm
60 cm
1 m
1.5 m
TRUE/FALSE
In straight-line method of depreciation, the book value at the end of each year decreases by a fixed percentage (a)
TRUE/FALSE
Coordinate Method and Planimeter Method are both used for computing areas in land surveying (a)
Assertion (A): The Sinking Fund Method is more suitable for buildings with long service life. Reason (R): Because it allows periodic investments with compound interest to recover the full cost at the end of life.
Both A and R are true, and R is the correct explanation
Both A and R are true, but R is not the correct explanation
A is true, R is false
Both A and R are false
In the quantity survey method of depreciation, the scrap value at the end of the utility period is generally taken as (a) % of the original cost.
The relationship between Capitalized Value and Net Rent is given by Capitalized Value = (a) × Years Purchase.
In the Simpson’s Rule, the even ordinates are multiplied by __________, and the odd ordinates by __________.
2,4
4,3
In detailed specifications, filling should be done in layers not exceeding (a) cm thickness, each well rammed and watered.
The book value after n years in straight-line depreciation is given by the formula BVₙ = C − nD = (a) .
MATCH THE FOLLOWING
Straight Line
Equal amount
Declining Balance
Constant %
Sinking Fund
Compound interest
Quantity Survey
Study based
MATCH THE FOLLOWING
Trapezoidal
Parallel ordinates
Mean Section
Simple approx
Mid-Section
Mid-average
Prismoidal
High accuracy
