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CA FOUNDATION · PAPER 1 · ACCOUNTANCY
Depreciation Accounting Quiz
Meaning · Causes · SLM · WDV · Disposal of Asset · Change in Method · Provision for Depreciation
3 Levels
25 Qs per level
15 shown per attempt
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Level 1 — Basic
Meaning, causes, key terms (WDV, scrap, depreciable amount), SLM & WDV concepts.
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Level 2 — Intermediate
SLM & WDV numericals, partial year depreciation, disposal of assets, profit/loss on sale.
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Level 3 — Advanced (CA Level)
Change in method, Provision for Depreciation A/c, complex disposal, multi-year problems, ICAI exam standard.
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Level 1
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QUESTION 1
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