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The loss in value of an asset due to wear and tear in the course...

Agricultural Science
WAEC 1995
The loss in value of an asset due to wear and tear in the course of its use is known as
  • A. depreciation
  • B. salvage value
  • C. appreciation
  • D. net worth
  • E. evaluation
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Correct Answer: Option A
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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