The loss in value of an asset due to wear and tear in the course...

AGRICULTURE
WAEC 1995

The loss in value of an asset due to wear and tear in the course of its use is known as

  • A. depreciation
  • B. salvage value
  • C. appreciation
  • D. net worth

Correct Answer: A. depreciation



Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *
Add Math
Don't want to keep filling in name and email whenever you make a contribution? Register or login to make contributing easier.