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Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
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 Accounting General interview questions  Accounting General Interview Questions (2844)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4376)
Question
how many types of depreciation?
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
1 Straight-line depreciation
2 Declining-Balance Method
3 Activity depreciation
4 Sum-of-Years' Digits Method
5 Units-of-Production Depreciation Method
6 Units of time depreciation
7 Group Depreciation Method
8 Composite Depreciation Method
 
Is This Answer Correct ?    37 Yes 13 No
Anuradha Singla
 
Answer
# 2
Straight line method and written down value method 
Is This Answer Correct ?    50 Yes 31 No
Harish
 
 
 
Answer
# 3
Depreciation types is 8 types. 
Is This Answer Correct ?    38 Yes 24 No
Kanala Subbaiah
 
Answer
# 4
There are four methods of depreciation they are:
1)Written down value method
2)Fixed installments Methods
3)Annuity method
4)sinking fund method
 
Is This Answer Correct ?    21 Yes 15 No
Sampath
 
Answer
# 5
1 Straight-line depreciation
2 Declining-Balance Method
3 Activity depreciation
4 Sum-of-Years' Digits Method
5 Units-of-Production Depreciation Method
6 Units of time depreciation
7 Group Depreciation Method
8 Composite Depreciation Method
 
Is This Answer Correct ?    15 Yes 9 No
Bhaskar
 
Answer
# 6
1. Uniform charge methods:
(a) Fixed installment Method
(b) Depletion Method
(c) Machine hour rate method
2. Declining charge or accelarated depreciation method:
(a) Diminishing balance method
(b) sum of year digits method
(c) Double declining method
3. other methods:
(a) Group depreciation method
(b) Inventory system of depreciation
(c) Annuity method
(d) Depreciation fund method
(e) Insurance policy method
 
Is This Answer Correct ?    3 Yes 0 No
G K Renjit
 
Answer
# 7
Depreciation is explained in both accounting and economic terms.

There are two types of depreciation in terms of real capital assets namely; physical depreciation and functional depreciation. The physical depreciation is the total loss in market value which is caused due to some of the physical activities. This depreciation involves any kind of repairs that involve cost. In this depreciation there are two kinds, one that is curable and the other that is incurable. The curable one is the one, which can be corrected economically. The other, which is the incurable, involves huge amounts of cost. Subsequent the Functional Depreciation is the total loss caused by inadequate design.

In the subject of accounting there are two types of depreciation; Book Depreciation and Tax Depreciation.
Book Depreciation is done for the reference of the company in order to report its financial records to its share holders, stockholders, etc.
Tax Depreciation is simply done for the reason of collecting taxes.
 
Is This Answer Correct ?    3 Yes 1 No
Sahib Kaur
 
Answer
# 8
DEPRECIATION ARE BROADLY CLASSIFIED IN TO 9 TYPES
1.STRAIGHT LINE METHOD
2.W.D.V. METHOD
3.REVALUATION METHOD
4.INSURANCE POLICY METHOD
5.SINKING FUND METHOD
6.DEPLETION METHOD
7.DEPRECIATION FUND METHOD
8.SUM OF DIGIT YEAR METHOD
9.
 
Is This Answer Correct ?    14 Yes 13 No
Suraj Shaik
 
Answer
# 9
There are three methods of depreciation they are:
1. Straight-line depreciation
2. Written down value method
3. Annuity method
 
Is This Answer Correct ?    13 Yes 13 No
Pankaj Malviya
 
Answer
# 10
8 types of dep 
Is This Answer Correct ?    0 Yes 0 No
Kanika
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
EXPAND______________RRB   4
how to create a profit and loss a/c   9
explian depriation? asked on 30/7/09 FactSet 9
Mr X has invest Rs.150000/- from his saving bank a/c for fixed deposit after maturity he received with interest amt Rs.165000/- He requested bank to renewed the same excluding inst amt.Bank after deducting charges credit the insterest amt to Mr. X a/c..pass the Journal entry in the books of MR.X   2
I gave cash advance of Rs. 70000 to one our enginner at site. He submitted only bills of 69000. Please tell me, how I can write these transaction in the Day book.   11
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Can closing stock of current year be present in tht Trial Balance of said year...????   5
Which Entries comes in Receipts & which entries in Payments,any payment & Income is received through cheque that entries will appear in it or we have to pass it in journal.   5
What is Demat Account? what is the use of it?   1
Expand N A B A R D   2
Expand---------EDP Wipro 1
where we posted capital ac in sole trader balance sheet and why? Wipro 2
 
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