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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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