Discussion :: Chemical Engineering Plant Economics
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Pick out the correct statement.
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A.
Difference between income and expense is termed as gross revenue.
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B.
Unamortised cost is the difference between the original cost of a property and all the depreciation charges made to date.
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C.
Sum-of-the-years-digits methods of depreciation calculation accounts for the interest on the investment.
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D.
Scrap value is the net amount of money obtainable from the sale of used property over and above any charges involved in its removal & sale.
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Answer : Option B
Explanation :
No answer description available for this question.
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