# Which of the following statements is true with regard to written down value method of depreciation?i. The rate at which the asset is written off reduces year after yearii. The amount of depreciation provided reduces from year to yeariii. The rate of depreciation as well as the amount of depreciation reduce year after yeariv. The value of the asset gets reduced to zero over a period of time? with Answer - Accounting Mcqs | TestPrep

> Solved MCQ: Which of the following statements is true with regard to written down value method of depreciation?i. The rate at which the asset is written off reduces year after yearii. The amount of depreciation provided reduces from year to yeariii. The rate of depreciation as well as the amount of depreciation reduce year after yeariv. The value of the asset gets reduced to zero over a period of time Correct Answer: B. Only (ii) above. Verified answer explanation for FPSC, PPSC, MDCAT, NTS, and CSS competitive exam preparation.

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# Which of the following statements is true with regard to written down value method of depreciation?i. The rate at which the asset is written off reduces year after yearii. The amount of depreciation provided reduces from year to yeariii. The rate of depreciation as well as the amount of depreciation reduce year after yeariv. The value of the asset gets reduced to zero over a period of time

Direct Answer & Quick Reference

The correct option is **B. Only (ii) above**.

A. Only (i) above

B. Only (ii) above **(Correct Answer)**

C. Both (i) and (ii) above

D. (i),(ii) and (iii) above

✨ Explain with AI

Verified Key: B. Only (ii) above
Solved by 4,292+ students

Verified against official examination board answer keys and standard curriculum textbooks.

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