Question

3. As generally used in accounting, what is
depreciation?
(a) It is a process of asset (b) It applies to only
valuation for balance long-lived intangible
sheet purposes
manager mager
(c)It is used to indicate(d) It is an accouting
a decline in market process which allocates
value of a long-lived long-lived asset cost
Asset
to accounting periods​

Answer 1

d.

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Answer 2

Answer:

As generally used an accouting a decline in market process which allocates value of a long-lived long-lived asset cost

value of a long-lived long-lived asset costAsset to accounting periods.

Thus, option (d) is correct.

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