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Question 35Asked in DSSSB TGT Computer Science (Technical), 7 Aug 2021, Shift 3

Which of the following is a feature of depreciation? I. It is decline in the book value of fixed assets

Which of the following is a feature of depreciation? I. It is decline in the book value of fixed assets II. It is a continuing process
  1. AOnly I
  2. BOnly II
  3. CBoth I and II
  4. DNeither I nor II
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Correct answer: (C) Both I and II

Explanation

Depreciation is the decline in the book value of fixed assets, and it continues throughout the asset's useful life. Both are features.

From DSSSB TGT Computer Science PYQ (Technical), 7 Aug 2021, Shift 3

This is question 35 of DSSSB TGT Computer Science PYQ (Technical), 7 Aug 2021, Shift 3. See all questions of this paper with answers, or attempt the paper as a timed online test to get your score and all-India rank.