Q
In straight line method, the depreciation charge is:
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A
A. A fixed percentage of the cost of the asset each year
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B
B. Always 5% of the cost of the asset each year
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C
C. A fixed percentage of the book value of the asset each year
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D
D. None of the above.
Correct Answer:
A. A. A fixed percentage of the cost of the asset each year
