Which method shall be efficient, if repairs and maintenance cost of an asset increases as it grows older.
A. Straight line method
B. Reducing balance method
C. Sinking fund method
D. Annuity method
Answer:B
Which method shall be efficient, if repairs and maintenance cost of an asset increases as it grows older.
A. Straight line method B. Reducing balance method C. Sinking fund method D. Annuity method