1
You visited us
1
times! Enjoying our articles?
Unlock Full Access!
Byju's Answer
Standard XI
Accountancy
Depreciation
Depreciation ...
Question
Depreciation is a process of :
A
valuation of asset
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
allocation of cost
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
both valuation of asset and allocation of cost
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
None of these
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is
B
allocation of cost
Depreciation is a process of allocation of cost.
Suggest Corrections
3
Similar questions
Q.
Depreciation is the process of valuation of asset.
Q.
Depreciation Accounting has been defined by the ________ as " a system of accounting which aims to distribute the cost or other basic value of tangible capital assets less salvage (if any) over the estimated useful life of the unit (which may be a group of assets) in a systematic and rational manner. It is a process of allocation and not of valuation".
Q.
Depreciation is a process of allocation of the cost of fixed asset.
Q.
______is a process by which the auditor satisfies himself about the actual existence, possession and ownership of the assets and process of _________includes valuation as well.
Q.
The issue of fraudulent asset valuation is included in _________.
View More
Join BYJU'S Learning Program
Grade/Exam
1st Grade
2nd Grade
3rd Grade
4th Grade
5th Grade
6th grade
7th grade
8th Grade
9th Grade
10th Grade
11th Grade
12th Grade
Submit
Related Videos
Introduction to Depreciation
ACCOUNTANCY
Watch in App
Explore more
Depreciation
Standard XI Accountancy
Join BYJU'S Learning Program
Grade/Exam
1st Grade
2nd Grade
3rd Grade
4th Grade
5th Grade
6th grade
7th grade
8th Grade
9th Grade
10th Grade
11th Grade
12th Grade
Submit
Solve
Textbooks
Question Papers
Install app