MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Definition of Functions

The useful li...

Question

The useful life specified in Part C of Schedule II of the companies act, $2013$ for office equipment is ______ years.

A

15

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

8

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

10

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

5

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is B $5$
Schedule II of Companies Act, 2013 specified different useful life for different types of assets as per its nature wherein under part C useful life for office equipment specified as 5 years.

Suggest Corrections

thumbs-up

0

Similar questions

Q. The useful life specified in Part C of Schedule II of the Companies Act,

2013

for electrical installations and equipment is ______ years.

Q. The useful life specified in Part C of Schedule II of the Companies Act,

2013

for factory building is ______ years.

Q. The useful life specified in Part C of Schedule II of the Companies Act,

2013

for desktops, laptops etc. is _______years.

Q. The useful life specified in Part C of Schedule II of the Companies Act,

2013

for General Furniture and fittings is _____ years.

Q. The useful life specified in Part C of Schedule II of the companies act,

2013

for general plant and machinery is ______ years.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Definition of Function

MATHEMATICS

Watch in App

explore_more_icon

Explore more

Definition of Functions

Standard XII Mathematics

Join BYJU'S Learning Program

CrossIcon