Accounting Mcqs
Accounting Mcqs,

Accounting Mcqs for Preparation of various Test announced by Fpsc, kppsc, Nts, ppsc. accounting mcqs for accountant. These Mcqs are very helpful for the Preparation of various posts of Senior Auditor, Junior Auditor, Accountant and for Cost Accountant.

Principles of Accounting, Accounting Equation, Analyzing & Classifying Transaction, Journal, Ledger, Banking Transactions, Cash book and Bank Reconciliation Statement, Bill of Exchange, Capital & Revenue, Rectification of Errors, Final Accounts, Adjustments.

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10 Comments to “Total depreciation of an asset cannot exceed its:”
    1. Cost and despicable values are not same…
      Scrap value b bn skta ha Kya answer… btw answer is despicable value

  1. correct answer is D.
    because total amount of depreciation is not exceed the depreciable value..
    100% exact answer

  2. The actual answer is book value of the item, but unfortunately this option was no mentioned

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