NG Ltd Purchased a Sprinkler System on 1 January,the Start

question 21

Multiple Choice

NG Ltd purchased a sprinkler system on 1 January,the start of Year 1. $$\begin{array} { l c } \text { Cost (net of GST) } & \$ 6500 \\\text { Residual } & \$ 1500 \\\text { Estimated Useful Life } & 5 \text { years }\end{array}$$ Under the straight-line method depreciation expense for year 2 will be:

• A)$1300
• B)$1000
• C)$1500
• D)$1250

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Definitions:

Parameters

The variables listed as part of a method's definition, serving as placeholders for values passed to the method.

Appointment Class

A user-defined data structure in programming that represents appointments, including attributes like date, time, and description.

Military Time

A time format that uses a 24-hour clock, typically without colon separators, employed to avoid ambiguity.

Day Of Week

Refers to the specific day in the week, often represented as an enumeration or specific value within date and time handling functionalities.