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The loss in value of an asset due to wear and tear in the course of its use is known as

The loss in value of an asset due to wear and tear in the course of its use is known as
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Depreciation
  • B Salvage value
  • C Appreciation
  • D Net worth
  • E Evaluation
Correct Answer: Option A
Explanation:

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