What is defined as the reduction of the value of certain natural resources such

Question

What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents?

Options:

A . Depletion

B . Inflation

C . Depreciation

D . Deflation

Answer: Option A

Submit Your Solution Below and Earn Points !

Next Question

Submit Solution

More Questions on This Topic :

Question 1. What is a stock of a product which is held by a trade body or government as a means of regulating the price of that prod....as a means of regulating the price of that product?

Question 2. Miss Calledo deposited P 1,000, P 1,500 and P 2,000 at the end of the 2nd year, 3rd year and 4th year, respectively in a....in the account at the end of the 4th year?

Question 3. The project contractor relies on the cost of the estimate:....

Question 4. The owner of the construction company makes use of the estimate:....

Question 5. What market situation exists where there is only one buyer and only one seller?....

Question 6. What is defined as the reduction or fall of the value of an asset due to constant use and passage of time?....

Question 7. What type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results?....

Question 8. Liquidity ratios are used:....

Question 9. A man invested P110,000 for 31 days. The net interest after deducting 20% withholding tax is P890.36. Find the rate of r....withholding tax is P890.36. Find the rate of return annually.

Question 10. Mr. Bacani borrowed money from the bank. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 ....end of 10 months. Determine the rate of simple interest.

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

DSP Combined 1 Free Revision Test SAIL JO E-0

GPOE / GPA Combined 1 Free Revision Test SAIL JO E-0

BSP Plant Specific Review Test SAIL JO E-0

BSL Combined 1 Free Revision Test SAIL JO E-0

GFM Combined 1 Free Revision Test SAIL JO E-0

Submit Solution

More Questions on This Topic :

Latest Videos

Latest Test Papers