Question : Depreciation is a loss in value of-
Option 1: final goods
Option 2: machinery
Option 3: capital stock
Option 4: stock of inventory
Correct Answer: machinery
Solution : The correct answer is machinery.
An asset loses value over time as a result of use, damage, or obsolescence. Depreciation is the measurement of this decline. The term depreciation refers to a loss or reduction in an asset's value as a result of damage from use, the passage of time, or a steady decline in market value. Movement, stress, friction, erosion, and other factors can all lead to the physical deterioration of an asset.
Related Questions
Know More about
Staff Selection Commission Combined Grad ...
Admit Card | Eligibility | Application | Selection Process | Preparation Tips | Result | Answer Key
Get Updates Brochure
Your Staff Selection Commission Combined Graduate Level Exam brochure has been successfully mailed to your registered email id “”.
