please answer the below multiple choice questions .

Question 1 (Mandatory) (2 points) Saved Which one of the followings is not one of the elements of construction equipment ownership cost? a) Salvage value b) Interest c) Depreciation d) Normal Repairs Question 4 (Mandatory) (2 points) Saved The practice of charging clients an amount to be used to purchase replacement equipment is referred to as a) depreciation b) amortization c) IIT cost d) O&O cost Saved Question 5 (Mandatory) (2 points) In accounting, which one of the followings is considered a non-cash cost? a) Interest O b) Depreciation c) Salvage d) Insurance Saved Question 7 (Mandatory) (2 points) Which one of the following depreciation methods does not provides the opportunity of deducting more value of the asset in the early years of placing it in the business comparing with the last years of service life? a) Sum of the Years Digits b) General Depreciation of MACRS c) Straight Line d) Double Declining Balance