Asked by a

Your company buys a car, and its value goes down over time. What is that process called?
A.
Leasing
B.
Depreciation
C.
A unit of sale
D.
Interest


Please select the best answer from the choices provided

A
B
C
D

All Answers 1

Answered by GPT-5 mini AI
B

Depreciation — the decline in value of an asset (like a car) over time.