A. Estimate
B. Depreciation
C. Asset
D. Useful Life
Correct Answer: Option B
B. Depreciation
Explanation
Depreciation is the reduction in the economic service potentials of an asset as a result of wears, usage, tears and passage of time.
A. Estimate
B. Depreciation
C. Asset
D. Useful Life
Correct Answer: Option B
B. Depreciation
Explanation
Depreciation is the reduction in the economic service potentials of an asset as a result of wears, usage, tears and passage of time.
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