In the process of production, capital equipment is worn out. The word used to described this process is | Faculties

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Mr. Dubey

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Q. In the process of production, capital equipment is worn out. The word used to described this process is

(A) Obsolescence
(B) Devalution
(C) Appreciation
(D) Depreciation

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✅ Correct Answer: (D) Depreciation

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