Land improvements are not subject to depreciation, as these items are subject to decay.

Name: Land improvements are not subject to depreciation, as these items are subject to decay.
Brand: Quizplus
Rating: 4.9 (57 reviews)

Question

Quizplus · Accepted Answer

Land improvements, such as sidewalks, driveways, and fences, are subject to depreciation as they are expected to wear out over time and require replacement or repair. However, the land itself is not subject to depreciation as it is considered to have an indefinite useful life.

Land Improvements Are Not Subject to Depreciation, as These Items