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
Define economic life.
💡 Hint: What is the purpose of determining economic life?
Question 2
Easy
What is depreciation?
💡 Hint: Think about asset value and how it changes.
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
What is the economic life of a machine?
- The period of maximum costs
- The period of minimum costs
- The maintenance period
💡 Hint: Think about the costs associated with machines.
Question 2
True or False: Obsolescence costs become more significant as a machine ages.
- True
- False
💡 Hint: How does technology affect older machines?
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
A machine is purchased at 50,00,000 and is expected to last 10 years with an annual maintenance cost that increases by 5% each year. Calculate the total estimated costs for the first three years.
💡 Hint: Start with the initial cost and consider each subsequent year’s maintenance.
Question 2
If a machine has an obsolescence factor that increases by 2% per year, and starts at 0%, what will the obsolescence cost be at the end of 5 years, assuming its initial value is 30,00,000?
💡 Hint: Remember to contribute the percentage over the five years to determine the total.
Challenge and get performance evaluation