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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What are the main components of ownership costs?
💡 Hint: Think about what costs come with owning equipment.
Question 2
Easy
How do we calculate depreciation if salvage value is 0?
💡 Hint: Focus on the straight-line method.
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 of the following is NOT a component of ownership costs?
- Interest
- Tires
- Taxes
- Insurance
💡 Hint: Think about the general categories of costs.
Question 2
True or False: Operating costs include only fuel expenses.
- True
- False
💡 Hint: Consider all ongoing expenses related to equipment operation.
Solve and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
If a dump truck is expected to have a salvage value of 20% of the initial cost and an initial cost of ₹3 crore, calculate the new depreciation.
💡 Hint: Calculate salvage before depreciation.
Question 2
A truck uses 0.09 liters per horsepower per hour and has 250 horsepower. If gas costs ₹65 per liter, compute the fuel cost for 1,600 hours annually.
💡 Hint: Consider the annual usage to find total costs.
Challenge and get performance evaluation