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Which of the following is/are kind of depreciation expenses?

A. Amortization

B. Depletion

C. Both of them

D. None of the above

Answer: Option C

Solution(By Examveda Team)

Amortization and Depletion are kind of depreciation expenses. Depreciation, depletion, and amortization (DD&A) are accounting techniques that enable companies to gradually expense resources of economic value.

This Question Belongs to Commerce >> Accounting

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