Chemical Engineering Plant Economics (MCQs)

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

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button