Physics · Estimating and Valuation
Consider the following statements regarding the Salvage value of a property: S1: Salvage value is the value of the dismantled materials of a property at the end of the utility period, and can be sold as scrap. S2: Salvage value does not include the cost of removal of property and/or its sale. Check the validity of the statements and select the correct option.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Both S1 and S2 are False
- 2Both S1 and S2 are True
- 3S1 is True and S2 is False
- 4S1 is False and S2 is True✓
Correct answer
S1 is False and S2 is True
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Preparing for Physics?
Practice full-length Physics mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Estimating and Valuation MCQs →Want more practice questions on Estimating and Valuation?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Physics · Estimating and Valuation