Which of the following is an expense that results from the usage of a natural resource?

Name: Which of the following is an expense that results from the usage of a natural resource?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Depletion is an expense that results from the usage of a natural resource. It represents the reduction in the quantity, quality or value of the natural resource as it is extracted or consumed. Amortization, depreciation, and obsolescence are all expenses related to tangible assets such as equipment or buildings.

Which of the Following Is an Expense That Results from the Usage