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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:

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answered
User Mics
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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.

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User WAQ
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