Accounting · Depreciation
Which of the following is NOT an objective of providing depreciation?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1To ascertain the true cost of production.
- 2To present a true and fair view of the financial position.
- 3To accumulate funds for the replacement of assets.
- 4To illegally evade income tax.✓
Correct answer
To illegally evade income tax.
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
Start Free Mock Test →Preparing for Accounting?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Depreciation MCQs →Want more practice questions on Depreciation?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Accounting · Depreciation