Multiple Choice Questions on The portion of the acquisition cost of an asset yet to be allocated is known as ........ for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

The portion of the acquisition cost of an asset yet to be allocated is known as ........

Accountancy (Phase -I & II) Accounting standards
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    The portion of the acquisition cost of an asset yet to be allocated is known as

    Written down value

    Correct Answer

    Accumulated value

    Incorrect Answer

    Realizable value

    Incorrect Answer

    Salvage value

    Incorrect Answer
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    Explanation:

    The portion of the acquisition cost of an asset yet to be allocated is known as Written down value. Written-down value is the value of an asset after accounting for depreciation or amortization.

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