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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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