Professional Courses
Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.
Categories
Interactive Games
Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.
Typing
Memory
Math
English Adventures
Knowledge
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What are the two main types of equipment costs?
💡 Hint: Think of costs you pay regardless of usage versus those incurred when using the equipment.
Question 2
Easy
Define depreciation in simple terms.
💡 Hint: What happens to the value of equipment as it ages?
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
Which cost is incurred regardless of equipment usage?
- Ownership Cost
- Operating Cost
- Variable Cost
💡 Hint: Think about which costs remain fixed.
Question 2
True or False: The Straight Line Method allows for variable depreciation rates.
- True
- False
💡 Hint: Consider how the method calculates depreciation.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
A crane bought for $500,000 has an estimated salvage value of $50,000 with a tire cost of $30,000. Calculate the annual depreciation using the Straight Line Method over 15 years.
💡 Hint: Use the given values and the Straight Line Method formula.
Question 2
Discuss when it would be beneficial to use accelerated depreciation methods over the Straight Line Method in project accounting.
💡 Hint: Think about cash flow impacts!
Challenge and get performance evaluation