Home » Classroom » SS2 Accounting Terminologies Used In A Company Account Question

What is depreciation - SS2 Accounting Terminologies Used In A Company Account Question

What is depreciation?

A

The gradual increase in value of an asset over time

B

The gradual decrease in value of a tangible asset over time

C

The process of evaluating a company's financial records and processes

D

The gradual decrease in value of an intangible asset over time

correct option: b
Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses