Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

In declining balance method of depreciation calculation, the

Question: In declining balance method of depreciation calculation, the
[A].

value of the asset decreases linearly with time.

[B].

annual cost of depreciation is same every year.

[C].

annual depreciation is the fixed percentage of the property value at the beginning of the particular year.

[D].

none of these.

Answer: Option C

Explanation:

No answer description available for this question.