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What is the main disadvantage of the Fixed Instalment Method?a)It results in higher depreciation charges in the later years.b)It does not account for the increasing repair costs as the asset ages.c)It is more complicated to calculate than the Diminishing Balance Method.d)It cannot reduce the asset's value to zero.Correct answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the main disadvantage of the Fixed Instalment Method?a)It results in higher depreciation charges in the later years.b)It does not account for the increasing repair costs as the asset ages.c)It is more complicated to calculate than the Diminishing Balance Method.d)It cannot reduce the asset's value to zero.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the main disadvantage of the Fixed Instalment Method?a)It results in higher depreciation charges in the later years.b)It does not account for the increasing repair costs as the asset ages.c)It is more complicated to calculate than the Diminishing Balance Method.d)It cannot reduce the asset's value to zero.Correct answer is option 'B'. Can you explain this answer?.

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