Straight Line method is suitable for those assets whose useful life can be estimated _____________.

Faulty

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Perfect

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Accurately

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None

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Solution

The correct option is C Accurately
The assets whose usage life is estimated on reliable terms can under go straight line method for calculating depreciation. As the constant depreciation value every year, under this method will turn the asset value to nil at the end of its life.

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Straight Line method is suitable for those assets whose useful life can be estimated _____________.

The correct option is C AccuratelyThe assets whose usage life is estimated on reliable terms can under go straight line method for calculating depreciation. As the constant depreciation value every year, under this method will turn the asset value to nil at the end of its life.

The correct option is C Accurately
The assets whose usage life is estimated on reliable terms can under go straight line method for calculating depreciation. As the constant depreciation value every year, under this method will turn the asset value to nil at the end of its life.