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    Question

    Among the following assets, which one is not subject to

    depreciation over time due to its nature of not wearing out or diminishing in value?
    A Office Equipment Correct Answer Incorrect Answer
    B Land Correct Answer Incorrect Answer
    C Buildings Correct Answer Incorrect Answer
    D Vehicles Correct Answer Incorrect Answer
    E Patent Correct Answer Incorrect Answer

    Solution

    Land does not depreciate because it typically does not decrease in value over time and does not wear out or get used up, unlike tangible assets like buildings and vehicles.

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