Question

Depreciating assets: A Become more valuable over time. B Become less valuable over time. C Stay the same value. D None of the above.

Answer 1

Answer:

B Become less valuable over time.

Explanation:

In the field of accounting and economics, the term depreciation refers to a periodic decrease in the value of a material or immaterial asset. This depreciation can be derived from three main reasons: the wear and tear due to use, the passage of time and old age.

Answer 2

I am certain the answer would be they are the assets that become less valuable over time. It is the gradual decrease of the value in terms of financial value of an asset or a property. This happens for almost all fixed assets in a company. Hope this answers.