Depreciation is
A)part of net domestic product at factor cost.
B)the decrease in the purchasing power of a dollar because of inflation.
C)fall in the value of an exchange rate.
D)part of consumption expenditure.
E)the decrease in the value of capital resulting from its use and obsolescence.

Question

Quizplus · Accepted Answer

Depreciation refers to the decrease in the value of capital assets over time due to wear and tear, usage, and obsolescence.

Depreciation Is