MCQOPTIONS
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				| 1. | 
                                    A decrease in value of a fixed asset due to age, wear and tear is known as$? | 
                            
| A. | Depreciation | 
| B. | Accumulated depreciation | 
| C. | Appreciation | 
| D. | Written Down Value (WDV) | 
| Answer» B. Accumulated depreciation | |