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Chapter 6 of 15
Important Questions

Depreciation Accounting

Telangana Open School (TOSS) · Class 12 · Accountancy

Most important questions from Depreciation Accounting for Telangana Open School (TOSS) Class 12 Accountancy board exam 2026. MCQs, short answer, and long answer questions with marks.

38 questions30 flashcards5 concepts

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38 Questions·
multiple choicetrue falsemultiple correct

Sample Questions

1multiple choice
1 marks

What happens to the book value of an asset under the Straight Line Method at the end of its useful life?

Show answer

It becomes zero or equals scrap value

Under the Straight Line Method, the asset is fully depreciated to either zero or its estimated scrap value.

2multiple choice
1 marks

Which of the following is NOT a factor affecting depreciation?

Show answer

Market price of similar new assets

Factors affecting depreciation are cost, useful life, and scrap value. Market prices of new assets do not directly affect depreciation calculation.

3true false
1 marks

True or False: Depreciation is a cash expense.

Show answer

False

Depreciation is a non-cash expense. It represents the reduction in value of an asset but does not involve actual cash outflow.

4multiple choice
1 marks

What is the purpose of charging depreciation?

Show answer

To show true financial position

Charging depreciation ensures that profits and balance sheets reflect the actual condition of the business by accounting for asset value reduction.

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Frequently Asked Questions

What are the important topics in Depreciation Accounting for Telangana Open School (TOSS) Class 12 Accountancy?
Depreciation Accounting covers several key topics that are frequently asked in Telangana Open School (TOSS) Class 12 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Depreciation Accounting — Telangana Open School (TOSS) Class 12 Accountancy?
Understand the core concepts first, then work through the 38 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.
How many important questions are there in Depreciation Accounting?
There are 38 practice questions available for Depreciation Accounting. These cover multiple question types including MCQs, short answer, and long answer questions.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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Quizzes, flashcards, AI doubt-solver and a step-by-step study plan for Telangana Open School (TOSS) Class 12 Accountancy.