Multiple Choice Questions on The estimated value at which an asset is expected to be sold after the end of its useful life is cal........... for General Knowledge ( All Exams) Preparation

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Multiple Choice Questions

The estimated value at which an asset is expected to be sold after the end of its useful life is cal...........

Quantitative Aptitude (Pb Patwari) Accountancy
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    The estimated value at which an asset is expected to be sold after the end of its useful life is called

    Residual value 

    Incorrect Answer

    Salvage value 

    Incorrect Answer

    Scrap value

    Incorrect Answer

    All of the above

    Correct Answer
    Explanation:

    The estimated value at which an asset is expected to be sold after the end of its useful life is called Residual value, Salvage value and Scrap value.

    By: Brijesh Kumar
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