Depreciation

Spot the odd one from the following

• Land

• Building

• Furniture

• Cassh

What is depreciation?

• An increase in the value of an asset over time

• Resource diminishes over the long run because of utilization

• Assets that can quickly be turned into cash.

• Possession of assets over liabilities.

Decrease in value of a gold mine

• Depreciation

• Depletion

• Amortisation

• Fluctuation

Amortisation is connected with

• Tangible assets

• Intangible assets

• Fictitious assets

• None of these

Investment in stock market is subject to

• Depletion

• Fluctuation

• Depreciation

• Amortisation

Depreciation is

• Asset

• Loss

• Expense

• Liability

Appreciation means

• Increase

• Decrease

• Increase/Decrease

• No change

Increase/Decrease in value

• Depletion

• Appreciation

• Amortisation

• Fluctuation

Show the flow (Use upward or downward arrow marks) of depreciation for an asset (Denote with letter 'D') and the value of that asset (Denote with letter 'A')

Give any two possible causes for depreciation.