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Question

Which of the term is used to write off in reference to tangible fixed assets?

A
Depreciation
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B
Depletion
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C
Amortization
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D
Both (b) and (c)
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Solution

The correct option is A Depreciation
Depreciation is the process of allocating a tangible asset's cost over the course of its useful life.
Hence, the correct option is A.

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