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Teaching Accountancy Accounting for Specific Business and Transactions Question Bank MCQ - Accounting for Specific Business and Transactions

  • question_answer
    Depreciation is the process of       

    A)  Allocation of cost of asset to the period of its life   

    B)  Verification of assets                  

    C)  Assets valuation                        

    D)  Decreasing the value of asset

    Correct Answer: A

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