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    Question

    The decline in the value of asset due to usage, accidental damage and time obsolescence is called

    A Depreciation Correct Answer Incorrect Answer
    B Opportunity cost Correct Answer Incorrect Answer
    C Time value of money Correct Answer Incorrect Answer
    D Law diminishing return Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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