____ is an accounting term used to describe the decline in a physical asset's value over a certain period of time.
A) Concatenation
B) Assignation
C) Remediation
D) Depreciation

Question

Quizplus · Accepted Answer

Depreciation is the accounting term used to describe the decline in a physical asset's value over a certain period of time. This decline is typically attributed to factors such as wear and tear, technological advances, or changes in market demand.

____ Is an Accounting Term Used to Describe the Decline