Ask Question
19 July, 18:10

What is a depreciating asset?

A. An asset that increases in value over time.

B. An asset that gets damaged.

C. An asset that decreases in value over time.

D. An asset that doubles in value every six months.

+1
Answers (1)
  1. 19 July, 18:29
    0
    Short Answer: C

    D is too restrictive

    A and C are opposites so one of them is right and the other isn't. Sometimes you get luck with Multiple Choice. If you have to guess, this one is the kind of question you want to guess on. A is the opposite to what is true. The answer is C.

    B Any asset can be something that can be a depreciating asset. A good example is a car or truck. Depreciating assets and not damaged assets.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What is a depreciating asset? A. An asset that increases in value over time. B. An asset that gets damaged. C. An asset that decreases in ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers