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If the book value of an asset stands at________per cent of the original cost, a company need not provide depreciation on it.
Related MCQs
Which of the following is a revenue reserve?
Which of the following will not lead to creation of secret reserve?
Depreciation does not arise form _______
Which of the following is not a revenue expense?
If the book value of an asset stands at________per cent of the original cost, a company need not provide depreciation on it.
A. two
B. fifteen
C. five
D. ten
Correct Answer:
five
✔
Last Updated:
July 28, 2019