Question

Which resource depreciates in value and ceases to be an asset over a period of time?

a.

Money

b.

Materials

c.

Machines

d.

Human resource

Answer: (c).Machines Explanation:Other resources like money, materials, and machines have capacities and capabilities that are known at the time of procurement, perform to their stated capacities consistently during their expected lifetime, and may depreciate in value over a period of time.

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Q. Which resource depreciates in value and ceases to be an asset over a period of time?

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