Which of the following assets is not depreciated?
A) Buildings
B) Motor vehicles
C) Land
D) Equipment

Name: Which of the following assets is not depreciated? A) Buildings B) Motor vehicles C) Land D) Equipment
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Question

Quizplus · Accepted Answer

Land is not depreciated because it is considered a fixed asset with an indefinite life. Its value may appreciate over time, but it does not lose its functionality or usefulness due to wear and tear like other depreciating assets.

Which of the Following Assets Is Not Depreciated