Question 12 of 33
Q.Under Straight Line Method, the amount of depreciation is :
(a) Constant for all years
(b) Increasing every year
(c) Fluctuating every year
(d) Decreasing every year
Puducherry TnboardTamil Nadu HSC First Year (DGE) Commerce Board 2022MCQ· 1mImportance★★★★★
36% · 12/33 Questions
You're viewing a preview — the full solution, concept, methods & PYQ mapping are locked.
Start your 14-day free trial to unlock the full solution →Under the Straight Line Method, depreciation is a fixed, equal amount every year — it is constant for all years (option a).
How SLM works:
- Annual depreciation = (Cost of asset − Residual/Scrap value) ÷ Estimated useful life.
- This formula gives the same amount every year, because it is charged on the original cost, which does not change. …
Unlock everything free for 14 days
- Full step-by-step solutions
- Concept-first explanations
- Methods, shortcuts & mistakes
- PYQ mapping + timed mock tests
Full access for 14 days. No credit card required.