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Target Exam

CUET

Subject

-- Accountancy Part C

Chapter

Use of Spreadsheet in Business Applications

Question:

What is the another name for Written Down Value (WDV) method of depreciation?

Options:

Straight Line Method

Annuity method

Declining Balance method

None of these

Correct Answer:

Declining Balance method

Explanation:

The correct answer is option 3- Declining Balance method.

Written Down Value (WDV) method uses the current book value as the base for computing the depreciation for the next period. It is also called Declining Balance (DB) method and uses the Excel function DB to compute the depreciation.

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