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Depreciation MCQs
What causes Depreciation?
3. What causes Depreciation?
- Loss of goods
- Purchase of Goods
- Increased Liability
- Wear & Tear
Answer: D) Wear & Tear
Explanation:
Any resource will bit by bit separate over a specific utilization period, as parts wear out and should be supplanted. At last, the resource can don't be fixed and should be discarded. This reason is generally normal for creation gear, which regularly has a maker's suggested life range that depends on a specific number of units delivered. Different resources, like structures, can be fixed and updated for significant periods.