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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 ...
Classroom
Agricultural Science Classroom
Post Utme
Post Utme 0
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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 ____________
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Appreciation
B
Evaluation
C
Depreciation
D
Salvage value
Show Answer
Show Explanation
Correct Answer:
Option C
Explanation:
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Study Subjects
Accounts - Principles of Accounts
Animal Husbandry
Aptitude Test
Agricultural Science
Arabic
Auto Mechanics
Basic Electronics
Biology
Bookkeeping
Block laying, bricklaying, and concreting work
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