165k views
4 votes
Which of the following best describes depreciation?

A. A decrease in price or value over time
B. Admiration of the car
C. A discount on the price of the car
D. An increase in price or value over time

2 Answers

4 votes

Answer: A) A decrease in price or value over time

Explanation:

confirmed

User Mics
by
4.9k points
6 votes

Answer:

Option A describes best for the word "depreciation", decrease in price or value over time

Explanation:

Depreciation is defined as the reduction in value of an asset with the passage of time. Option A decribes the same, decrease in price or value over time.

The reasons for depreciation might be due to various reasons like poor maintenance and service, e.t.c

Option C describes sale and option D describes increase in rise of the product. Of all the options given, Option A decribes depreciation.

User WAQ
by
5.4k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.