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Depreciation: Is the process of allocating to expense the cost of a plant asset. Measures the decline in market value of an asset. Measures physical deterioration of an asset. Is applied to land.

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Lanuel

Answer:

A. Is the process of allocating to expense the cost of a plant asset.

Explanation:

Depreciation can be defined as a process in which the monetary or financial value with respect to an asset decrease or falls over time as a result of wear and tear.

Depreciation is the process of allocating to expense the cost of a plant asset.

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