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Residual value is the __.

(A) value of the asset when it is purchased
(B) value of the asset at the end of its useful life
(C) cost of the asset
(D) allocation of the cost

►Correct Option

Correct Option is: B

Accounting McqsAccounting Interview Questions, Accounting Mcqs, Accounting Questions, Cost accounting Mcqs, Financial Accounting Mcq

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