Depreciation Is Defined as the

question 81

Multiple Choice

Depreciation is defined as the

• A) decrease in the stock of capital due to wear and tear.
• B) increase in the stock of capital due to investment by firms.
• C) increase in the stock of capital due to wear and tear.
• D) decrease in the stock of capital due to investment by firms.

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Definitions:

Direct Materials

Raw materials that can be directly traced to the production of a specific product.