Question

Which method, from the methods given below, is not permissible under the Companies Act for providing depreciation?

• A. Single Charge Method
• B. Annuity Method
• C. Global Method
• D. Efficiency hour Method

Answer 1

Answer:

C. Global Method

The Global Method is not recognized under the Companies Act for calculating depreciation. Permissible methods include straight-line, written-down value, or efficiency-based methods.