The expected disposal value of the asset (after deduction disposal costs) at the end of its expected useful life is called?

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The expected disposal value of the asset (after deduction disposal costs) at the end of its expected useful life is called? Answer: Residual value

The expected disposal value of an asset after costs at the end of its useful life is called its residual value, also known as salvage value or scrap value. This value represents the estimated amount an asset will be worth or can be sold for once it's no longer useful to a business.

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This question is part of 📚 General Knowledge within the broader 🌐 Current Affairs & GK subject and appears in the SPSC – Sindh Public Service Commission preparation collection. Reviewing the answer together with nearby questions helps reinforce the underlying concept and identify how it may appear in competitive exams.