Chemical Engineering Mcqs

Submitted By: Ali Uppal

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  • Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ________________ which ever is smaller ?
  • What are the common methods of computing depletion charge ?
  • What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents ?
  • The functional depreciation is sometimes called ____________________?
  • What type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results ?

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