Discussion :: Indian Economy
- Depreciation means
A.
closure of a plant due to lock out |
B.
closure of a plant due to labour trouble |
C.
loss of equipment over time due to wear and tear |
D.
destruction of a plant in a fire accident |
Answer : Option C
Explanation :
Depreciation means a reduction in the value of an asset over time, due in particular to wear and tear.
Be The First To Comment