"Depreciation represents that part of the cost of fixed assets to its owner which is not recoverable when the assets is finally putout of use by him". Who said it

Options :
  1. institute of chartered accountant in India
  2. Institute of chartered accountant in Australlia
  3. Institute of chartered accountant in America
  4. Institute of chartered accountant in England
Answer and Explanation :-

Answer: Option 2


Sorry there is no explanation for this answer. Please help others by posting your response below

How do you rate this queston?  Very Easy  Easy  Average  Above Average  Tough

Previous Question : Consignee sold 80 Kg goods on 50000 Rs., consignor gave him 5% commission and 10% overriding commis...

Next Question : An assets is purchased for 50000 Rs., the useful life of the assets is 10 years and residual value i...

Click here for online test on Financial Accounting

More available Categories:-


 (Getemail alerts when others member replies)

The sun is still there... even if clouds drift over it. Once you have experienced the reality of sunshine you may weep, but you will never feel ice about your heart again.
-Elizabeth Goudge The White Witch