New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Under AS 6, which of the following cannot be considered

    a method of depreciation?
    A Annuity method Correct Answer Incorrect Answer
    B Revaluation method Correct Answer Incorrect Answer
    C Sinking fund method Correct Answer Incorrect Answer
    D Machine hour method Correct Answer Incorrect Answer

    Solution

    Revaluation method is not recognized as a systematic depreciation method under AS 6. AS 6 includes methods like straight-line, diminishing balance, machine hour, annuity, etc., but revaluation is not a depreciation method.

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