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Home Questions M7HMY63K9Y
Target Exam

CUET

Subject

-- Accountancy Part C

Chapter

Use of Spreadsheet in Business Applications

Question:

Which Excel function is used to calculate depreciation under Straight Line Method (SLM)?

Options:

DDB

DB

SLN

VLOOKUP

Correct Answer:

SLN

Explanation:

The correct answer is option 3- SLN.

SLN Excel function is used to calculate depreciation under Straight Line Method (SLM).

The Excel functions SLN and DB are used for computation of depreciation using Straight Line Method (SLM) and Written Down Value Method (WDVM), respectively. 

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