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Depreciation Methods MCQs 2026

61 questions with detailed answers · 23 from past papers · 7 quiz batches available

📚 Accounting📄 23 Past-Paper Qs✓ Free · No Login Needed
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Read each question, think about the answer, then click Show Answer to reveal the correct option and explanation. Load 10 at a time so it stays manageable — perfect for one-topic study sessions on the bus or during a break.

Page 1 of 1Questions 1–10 of 61
  1. Q1medium

    SLM depreciation 9: asset cost Rs 320,000, salvage Rs 25,000, life 7 years. Annual depreciation is

    1. ARs 45,714
    2. BRs 42,143
    3. CRs 47,143
    4. DRs 25,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  2. Q2Past Paper · PPSC/FPSC/NTSmedium

    SLM depreciation 10: asset cost Rs 335,000, salvage Rs 30,000, life 8 years. Annual depreciation is

    1. ARs 41,875
    2. BRs 43,125
    3. CRs 38,125
    4. DRs 30,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  3. Q3medium

    SLM depreciation 11: asset cost Rs 350,000, salvage Rs 10,000, life 9 years. Annual depreciation is

    1. ARs 38,889
    2. BRs 37,778
    3. CRs 42,778
    4. DRs 10,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  4. Q4Past Paper · PPSC/FPSC/NTSeasy

    Straight-line method in accounting refers to

    1. Atotal depreciation charged to date
    2. Bequal charge each year over useful life
    3. Ccost minus salvage value
    4. Dformal record of fixed asset details
    💡 Explanation:

    straight-line method is a core 6 concept for PPSC/FPSC/NTS exams.

  5. Q5medium

    Reducing balance method in accounting refers to

    1. Aestimated residual proceeds at end of life
    2. Bexpected period asset will be used
    3. Ccarrying amount exceeds recoverable amount
    4. Dfixed percentage on written-down value
    💡 Explanation:

    reducing balance method is a core 6 concept for PPSC/FPSC/NTS exams.

  6. Q6Past Paper · PPSC/FPSC/NTShard

    Units of production in accounting refers to

    1. Acost minus salvage value
    2. Bcharge based on actual usage or output
    3. Cformal record of fixed asset details
    4. Dincrease in carrying amount on revaluation
    💡 Explanation:

    units of production is a core 6 concept for PPSC/FPSC/NTS exams.

  7. Q7easy

    Accumulated depreciation in accounting refers to

    1. Aexpected period asset will be used
    2. Bcarrying amount exceeds recoverable amount
    3. Cequal charge each year over useful life
    4. Dtotal depreciation charged to date
    💡 Explanation:

    accumulated depreciation is a core 6 concept for PPSC/FPSC/NTS exams.

  8. Q8Past Paper · PPSC/FPSC/NTSmedium

    Salvage value in accounting refers to

    1. Aestimated residual proceeds at end of life
    2. Bformal record of fixed asset details
    3. Cincrease in carrying amount on revaluation
    4. Dfixed percentage on written-down value
    💡 Explanation:

    salvage value is a core 6 concept for PPSC/FPSC/NTS exams.

  9. Q9hard

    Depreciable amount in accounting refers to

    1. Acarrying amount exceeds recoverable amount
    2. Bequal charge each year over useful life
    3. Ccharge based on actual usage or output
    4. Dcost minus salvage value
    💡 Explanation:

    depreciable amount is a core 6 concept for PPSC/FPSC/NTS exams.

  10. Q10Past Paper · PPSC/FPSC/NTSeasy

    Useful life in accounting refers to

    1. Aexpected period asset will be used
    2. Bincrease in carrying amount on revaluation
    3. Cfixed percentage on written-down value
    4. Dtotal depreciation charged to date
    💡 Explanation:

    useful life is a core 6 concept for PPSC/FPSC/NTS exams.

  11. Q11medium

    Asset register in accounting refers to

    1. Aequal charge each year over useful life
    2. Bformal record of fixed asset details
    3. Ccharge based on actual usage or output
    4. Destimated residual proceeds at end of life
    💡 Explanation:

    asset register is a core 6 concept for PPSC/FPSC/NTS exams.

  12. Q12Past Paper · PPSC/FPSC/NTShard

    Impairment in accounting refers to

    1. Afixed percentage on written-down value
    2. Btotal depreciation charged to date
    3. Ccarrying amount exceeds recoverable amount
    4. Dcost minus salvage value
    💡 Explanation:

    impairment is a core 6 concept for PPSC/FPSC/NTS exams.

  13. Q13easy

    Revaluation surplus in accounting refers to

    1. Acharge based on actual usage or output
    2. Bestimated residual proceeds at end of life
    3. Cincrease in carrying amount on revaluation
    4. Dexpected period asset will be used
    💡 Explanation:

    revaluation surplus is a core 6 concept for PPSC/FPSC/NTS exams.

  14. Q14medium

    SLM depreciation 1: asset cost Rs 200,000, salvage Rs 10,000, life 5 years. Annual depreciation is

    1. ARs 40,000
    2. BRs 43,000
    3. CRs 10,000
    4. DRs 38,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  15. Q15Past Paper · PPSC/FPSC/NTSmedium

    SLM depreciation 2: asset cost Rs 215,000, salvage Rs 15,000, life 6 years. Annual depreciation is

    1. ARs 35,833
    2. BRs 38,333
    3. CRs 33,333
    4. DRs 15,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  16. Q16medium

    SLM depreciation 3: asset cost Rs 230,000, salvage Rs 20,000, life 7 years. Annual depreciation is

    1. ARs 32,857
    2. BRs 35,000
    3. CRs 30,000
    4. DRs 20,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  17. Q17medium

    SLM depreciation 4: asset cost Rs 245,000, salvage Rs 25,000, life 8 years. Annual depreciation is

    1. ARs 27,500
    2. BRs 30,625
    3. CRs 32,500
    4. DRs 25,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  18. Q18Past Paper · PPSC/FPSC/NTSmedium

    SLM depreciation 5: asset cost Rs 260,000, salvage Rs 30,000, life 9 years. Annual depreciation is

    1. ARs 28,889
    2. BRs 30,556
    3. CRs 25,556
    4. DRs 30,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  19. Q19medium

    SLM depreciation 6: asset cost Rs 275,000, salvage Rs 10,000, life 10 years. Annual depreciation is

    1. ARs 27,500
    2. BRs 31,500
    3. CRs 10,000
    4. DRs 26,500
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  20. Q20Past Paper · PPSC/FPSC/NTSmedium

    SLM depreciation 7: asset cost Rs 290,000, salvage Rs 15,000, life 5 years. Annual depreciation is

    1. ARs 58,000
    2. BRs 60,000
    3. CRs 55,000
    4. DRs 15,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  21. Q21medium

    SLM depreciation 8: asset cost Rs 305,000, salvage Rs 20,000, life 6 years. Annual depreciation is

    1. ARs 50,833
    2. BRs 52,500
    3. CRs 47,500
    4. DRs 20,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  22. Q22medium

    SLM depreciation 12: asset cost Rs 365,000, salvage Rs 15,000, life 10 years. Annual depreciation is

    1. ARs 36,500
    2. BRs 40,000
    3. CRs 35,000
    4. DRs 15,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  23. Q23Past Paper · PPSC/FPSC/NTSmedium

    SLM depreciation 13: asset cost Rs 380,000, salvage Rs 20,000, life 5 years. Annual depreciation is

    1. ARs 72,000
    2. BRs 76,000
    3. CRs 77,000
    4. DRs 20,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  24. Q24medium

    SLM depreciation 14: asset cost Rs 395,000, salvage Rs 25,000, life 6 years. Annual depreciation is

    1. ARs 65,833
    2. BRs 66,667
    3. CRs 25,000
    4. DRs 61,667
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  25. Q25medium

    SLM depreciation 15: asset cost Rs 410,000, salvage Rs 30,000, life 7 years. Annual depreciation is

    1. ARs 58,571
    2. BRs 59,286
    3. CRs 30,000
    4. DRs 54,286
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  26. Q26Past Paper · PPSC/FPSC/NTSmedium

    SLM depreciation 16: asset cost Rs 425,000, salvage Rs 10,000, life 8 years. Annual depreciation is

    1. ARs 51,875
    2. BRs 53,125
    3. CRs 56,875
    4. DRs 10,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  27. Q27medium

    SLM depreciation 17: asset cost Rs 440,000, salvage Rs 15,000, life 9 years. Annual depreciation is

    1. ARs 48,889
    2. BRs 52,222
    3. CRs 15,000
    4. DRs 47,222
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  28. Q28medium

    SLM depreciation 18: asset cost Rs 455,000, salvage Rs 20,000, life 10 years. Annual depreciation is

    1. ARs 45,500
    2. BRs 43,500
    3. CRs 48,500
    4. DRs 20,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  29. Q29medium

    SLM depreciation 21: asset cost Rs 500,000, salvage Rs 10,000, life 7 years. Annual depreciation is

    1. ARs 71,429
    2. BRs 70,000
    3. CRs 75,000
    4. DRs 10,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  30. Q30Past Paper · PPSC/FPSC/NTSmedium

    SLM depreciation 22: asset cost Rs 515,000, salvage Rs 15,000, life 8 years. Annual depreciation is

    1. ARs 64,375
    2. BRs 62,500
    3. CRs 67,500
    4. DRs 15,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  31. Q31medium

    SLM depreciation 23: asset cost Rs 530,000, salvage Rs 20,000, life 9 years. Annual depreciation is

    1. ARs 56,667
    2. BRs 58,889
    3. CRs 61,667
    4. DRs 20,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  32. Q32Past Paper · PPSC/FPSC/NTSmedium

    SLM depreciation 24: asset cost Rs 545,000, salvage Rs 25,000, life 10 years. Annual depreciation is

    1. ARs 54,500
    2. BRs 52,000
    3. CRs 57,000
    4. DRs 25,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  33. Q33medium

    SLM depreciation 25: asset cost Rs 560,000, salvage Rs 30,000, life 5 years. Annual depreciation is

    1. ARs 112,000
    2. BRs 111,000
    3. CRs 106,000
    4. DRs 30,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  34. Q34medium

    SLM depreciation 26: asset cost Rs 575,000, salvage Rs 10,000, life 6 years. Annual depreciation is

    1. ARs 95,833
    2. BRs 94,167
    3. CRs 99,167
    4. DRs 10,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  35. Q35Past Paper · PPSC/FPSC/NTSmedium

    SLM depreciation 27: asset cost Rs 590,000, salvage Rs 15,000, life 7 years. Annual depreciation is

    1. ARs 84,286
    2. BRs 87,143
    3. CRs 15,000
    4. DRs 82,143
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  36. Q36medium

    SLM depreciation 28: asset cost Rs 605,000, salvage Rs 20,000, life 8 years. Annual depreciation is

    1. ARs 73,125
    2. BRs 75,625
    3. CRs 78,125
    4. DRs 20,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  37. Q37medium

    SLM depreciation 29: asset cost Rs 620,000, salvage Rs 25,000, life 9 years. Annual depreciation is

    1. ARs 68,889
    2. BRs 66,111
    3. CRs 71,111
    4. DRs 25,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  38. Q38Past Paper · PPSC/FPSC/NTSmedium

    SLM depreciation 30: asset cost Rs 635,000, salvage Rs 30,000, life 10 years. Annual depreciation is

    1. ARs 63,500
    2. BRs 60,500
    3. CRs 65,500
    4. DRs 30,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  39. Q39medium

    SLM depreciation 31: asset cost Rs 650,000, salvage Rs 10,000, life 5 years. Annual depreciation is

    1. ARs 130,000
    2. BRs 133,000
    3. CRs 10,000
    4. DRs 128,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  40. Q40medium

    SLM depreciation 32: asset cost Rs 665,000, salvage Rs 15,000, life 6 years. Annual depreciation is

    1. ARs 110,833
    2. BRs 113,333
    3. CRs 15,000
    4. DRs 108,333
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  41. Q41Past Paper · PPSC/FPSC/NTSmedium

    SLM depreciation 33: asset cost Rs 680,000, salvage Rs 20,000, life 7 years. Annual depreciation is

    1. ARs 97,143
    2. BRs 94,286
    3. CRs 99,286
    4. DRs 20,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  42. Q42medium

    SLM depreciation 34: asset cost Rs 695,000, salvage Rs 25,000, life 8 years. Annual depreciation is

    1. ARs 83,750
    2. BRs 86,875
    3. CRs 88,750
    4. DRs 25,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  43. Q43medium

    SLM depreciation 35: asset cost Rs 710,000, salvage Rs 30,000, life 9 years. Annual depreciation is

    1. ARs 78,889
    2. BRs 75,556
    3. CRs 80,556
    4. DRs 30,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  44. Q44Past Paper · PPSC/FPSC/NTSmedium

    SLM depreciation 36: asset cost Rs 725,000, salvage Rs 10,000, life 10 years. Annual depreciation is

    1. ARs 71,500
    2. BRs 72,500
    3. CRs 76,500
    4. DRs 10,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  45. Q45medium

    SLM depreciation 37: asset cost Rs 740,000, salvage Rs 15,000, life 5 years. Annual depreciation is

    1. ARs 145,000
    2. BRs 148,000
    3. CRs 150,000
    4. DRs 15,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  46. Q46medium

    SLM depreciation 38: asset cost Rs 755,000, salvage Rs 20,000, life 6 years. Annual depreciation is

    1. ARs 125,833
    2. BRs 127,500
    3. CRs 122,500
    4. DRs 20,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  47. Q47Past Paper · PPSC/FPSC/NTSmedium

    SLM depreciation 39: asset cost Rs 770,000, salvage Rs 25,000, life 7 years. Annual depreciation is

    1. ARs 110,000
    2. BRs 111,429
    3. CRs 25,000
    4. DRs 106,429
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  48. Q48medium

    SLM depreciation 40: asset cost Rs 785,000, salvage Rs 30,000, life 8 years. Annual depreciation is

    1. ARs 98,125
    2. BRs 99,375
    3. CRs 94,375
    4. DRs 30,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  49. Q49Past Paper · PPSC/FPSC/NTSmedium

    SLM depreciation 41: asset cost Rs 800,000, salvage Rs 10,000, life 9 years. Annual depreciation is

    1. ARs 88,889
    2. BRs 87,778
    3. CRs 92,778
    4. DRs 10,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  50. Q50medium

    SLM depreciation 42: asset cost Rs 815,000, salvage Rs 15,000, life 10 years. Annual depreciation is

    1. ARs 80,000
    2. BRs 81,500
    3. CRs 85,000
    4. DRs 15,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  51. Q51medium

    SLM depreciation 43: asset cost Rs 830,000, salvage Rs 20,000, life 5 years. Annual depreciation is

    1. ARs 166,000
    2. BRs 167,000
    3. CRs 162,000
    4. DRs 20,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  52. Q52Past Paper · PPSC/FPSC/NTSmedium

    SLM depreciation 44: asset cost Rs 845,000, salvage Rs 25,000, life 6 years. Annual depreciation is

    1. ARs 140,833
    2. BRs 141,667
    3. CRs 25,000
    4. DRs 136,667
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  53. Q53medium

    SLM depreciation 45: asset cost Rs 860,000, salvage Rs 30,000, life 7 years. Annual depreciation is

    1. ARs 118,571
    2. BRs 122,857
    3. CRs 123,571
    4. DRs 30,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  54. Q54medium

    SLM depreciation 46: asset cost Rs 875,000, salvage Rs 10,000, life 8 years. Annual depreciation is

    1. ARs 108,125
    2. BRs 109,375
    3. CRs 113,125
    4. DRs 10,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  55. Q55Past Paper · PPSC/FPSC/NTSmedium

    SLM depreciation 47: asset cost Rs 890,000, salvage Rs 15,000, life 9 years. Annual depreciation is

    1. ARs 98,889
    2. BRs 97,222
    3. CRs 102,222
    4. DRs 15,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  56. Q56medium

    SLM depreciation 48: asset cost Rs 905,000, salvage Rs 20,000, life 10 years. Annual depreciation is

    1. ARs 90,500
    2. BRs 93,500
    3. CRs 20,000
    4. DRs 88,500
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  57. Q57medium

    SLM depreciation 51: asset cost Rs 950,000, salvage Rs 10,000, life 7 years. Annual depreciation is

    1. ARs 135,714
    2. BRs 139,286
    3. CRs 10,000
    4. DRs 134,286
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  58. Q58medium

    SLM depreciation 52: asset cost Rs 965,000, salvage Rs 15,000, life 8 years. Annual depreciation is

    1. ARs 118,750
    2. BRs 120,625
    3. CRs 123,750
    4. DRs 15,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  59. Q59Past Paper · PPSC/FPSC/NTSmedium

    SLM depreciation 53: asset cost Rs 980,000, salvage Rs 20,000, life 9 years. Annual depreciation is

    1. ARs 108,889
    2. BRs 111,667
    3. CRs 106,667
    4. DRs 20,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  60. Q60medium

    SLM depreciation 54: asset cost Rs 995,000, salvage Rs 25,000, life 10 years. Annual depreciation is

    1. ARs 97,000
    2. BRs 99,500
    3. CRs 102,000
    4. DRs 25,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  61. Q61Past Paper · PPSC/FPSC/NTSmedium

    SLM depreciation 55: asset cost Rs 1,010,000, salvage Rs 30,000, life 5 years. Annual depreciation is

    1. ARs 202,000
    2. BRs 201,000
    3. CRs 196,000
    4. DRs 30,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

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