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Accounts (Principles of Accounts) · Depreciation of non-current assets

Accounts (Principles of Accounts)Depreciation of non-current assetsWAEC

Which of these is NOT a cause of depreciation?

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Answer: D. inflation

Inflation does not reduce an asset's usefulness.

An AdmitMe practice question, written for the WAEC syllabus. Not an official past question.

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