The process by which businesses spread the allocation of a natural resource's cost over its usage is known as depreciation.

Name: The process by which businesses spread the allocation of a natural resource's cost over its usage is known as depreciation.
Brand: Quizplus
Rating: 4.8 (49 reviews)

Question

Quizplus · Accepted Answer

Depreciation refers to the allocation of the cost of a tangible asset over its useful life, not a natural resource. The process for natural resources is called depletion.

The Process by Which Businesses Spread the Allocation of a Natural