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DEPRECIATION

Authored by SUPPIAH A/L RETENAM

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University

Used 86+ times

DEPRECIATION
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The following are the examples of tangible non currents assets except

Factory machines

Trolleys in supermarkets

Office equipments

Customer goodwill

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The following are the factors affecting depreciation...

Scrap value

EUEL

True cost

All the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The following are the methods to calculate depreciation except

NRV

SLM

RBM

SODM

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The market value of the NCA at the end of EUEL.

True cost

scrap Value

SLM

RBM

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The following should be added in the calculation of true cost of NCA except

Shipping charges

Installation charges

Admin expenses

sales tax

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

True cost RM 200,000, EUEL = 10 years, Scrap Value = 5% of TC. Method SLM. Compute NBV after 6 years?

RM 86,000

RM 19,000

RM 190,000

RM 10,000

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

True cost RM 350,000, EUEL = 5 years, Scrap Value = 10% of TC. Method SODM. Compute depreciation in the 3rd year?

RM105,000

RM 35,000

RM 42,000

RM 63,000

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