Computer · Estimation and Costing
By which method is valuation carried out where the present value is taken as the initial or prime cost less total depreciation up to that period?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Estimated cost from accounts
- 2Cost from detailed items
- 3Profit-based valuation
- 4Initial cost-based valuation✓
Correct answer
Initial cost-based valuation
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