Computer · Estimation, Costing and Valuation
The method of depreciation calculation that assumes the asset value reduces by a constant percentage of its book value every year is the:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Diminishing balance method✓
- 2Annuity method
- 3Sinking fund method
- 4Straight-line method
Correct answer
Diminishing balance method
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