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Tutor III

Q.) Depreciation

(A) Costs (on annual basis) are constant when the straight line method is used for its determination
(B) Is the unavoidable loss in the value of the plant, equipment and materials with lapse in time
(C) Does figure in the calculation of income tax liability on cash flows from an investment
(D) All (A), (B) and (C)
Correct answer : Option (D) - All (A), (B) and (C)

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