Depreciation Is

question 113

Multiple Choice

Depreciation is

• A)the value of worn-out equipment,machinery,and buildings.
• B)the value of the decrease in business inventory stocks.
• C)the value of the addition to the capital stock.
• D)the decline in the value of the stock market,net of dividends.

---

Definitions:

Dividends Received

Income received from owning shares in a company, typically distributed from the company's profits.

Income

The total money received by a person or company for goods sold, services provided, or from other financial investments.

Other Income

Revenue from non-primary business activities, such as rental income, interest on investments, or royalties.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, ending with net profit or loss.