Depreciation is:a) The increase in the value of an asset over time.b) The allocation of the cost of a tangible asset over its useful life.c) An amount paid for the maintenance of an asset.d) An asset's market value at the end of the accounting period.

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
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Chapter10: Long-lived Tangible And Intangible Assets
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Depreciation is:
a) The increase in the value of an asset over time.
b) The allocation of the cost of a tangible asset over its useful life.
c) An amount paid for the maintenance of an asset.
d) An asset's market value at the end of the accounting period. 

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