Functional depreciation of an equipment is the measure of decrease in its value due to its Options: A . &nbspAgeing B . &nbspWear and tear C . &nbspObsolescence D . &nbspBreakdown or accident

Functional depreciation of an equipment is the measure of decrease in its value

Question

Functional depreciation of an equipment is the measure of decrease in its value due to its

Options:

A . Ageing

B . Wear and tear

C . Obsolescence

D . Breakdown or accident

Answer: Option C

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