Depreciation of fixed capital assets refers to : (choose the correct alternative)

Normal wear and tear

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Foreseen obsolescence

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Normal wear and tear and foreseen obsolescence

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Unforeseen obsolescence

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Solution

The correct option is C Normal wear and tear and foreseen obsolescence
Depreciation of fixed capital assets refers to fall in value due to normal wear and tear and foreseen obsolescence.
Hence, the correct answer is option 'C'.

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Depreciation of fixed capital assets refers to :

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