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    Question

    Which depreciation method is most suitable for assets

    like mines, quarries, etc.?
    A Straight Line Method Correct Answer Incorrect Answer
    B Written Down Value Method Correct Answer Incorrect Answer
    C Depletion Method Correct Answer Incorrect Answer
    D Annuity Method Correct Answer Incorrect Answer

    Solution

    Depletion method is used for wasting assets like mines, quarries, oil wells where the asset reduces physically.

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