The term _______ is generally used for the depreciation of natural resources
A. Amortization
B. Depletion
C. Appreciation
D. Disposal value
Answer: Option B
Solution(By Examveda Team)
The term Depletion is generally used for the depreciation of natural resources. Depletion is an accrual accounting technique used to allocate the cost of extracting natural resources such as timber, minerals, and oil from the earth.This Question Belongs to Commerce >> Accounting
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