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    • Question

      Under the Written Down Value (WDV) method, depreciation

      is:
      A Charged on original cost Correct Answer Incorrect Answer
      B Charged on residual value Correct Answer Incorrect Answer
      C Charged on book value at the beginning of the year Correct Answer Incorrect Answer
      D Charged on replacement cost Correct Answer Incorrect Answer

      Solution

      Explanation: In WDV, depreciation is charged on the reduced value each year.

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