Question
Which of the following is the length of time that an
asset is expected to be used by a company to generate revenue?Solution
Explanation: The useful life of an asset is an estimate of the period of time over which the asset is expected to be used by a company to generate revenue.
More ESIC Part B Questions
8, 24, 48, 80, ?, 168
92, 88, 79, ?, 38, 2
- What will come in place of the question mark (?) in the following series?
712, ?, 576, 508, 440, 372 250, 279, 311, 349, 396, ?
7 7 ? 43 163 831
...10, 94, 115, 138, 163, ?
6400, 1600, ?, 80, 16, 4
?, 32, 75, 144, 245, 384
1290, 1225, 1175, ?, 1112, 1095, 1085
25   25   37.5   ?   328.125   1804.6875