Depletion is
A) a decrease in market value of natural resources.
B) the amount of spoilage that occurs when natural resources are extracted.
C) the allocation of the cost of natural resources to expense.
D) the method used to record unsuccessful patents.

Question

Quizplus · Accepted Answer

Depletion refers to the allocation of the cost of natural resources to expense over the period they are consumed or utilized, not to market value changes, spoilage, or patent accounting.

Depletion Is