The asset that is not depreciated is:
A) motor vehicles.
B) buildings.
C) premises.
D) land.

Name: The asset that is not depreciated is: A) motor vehicles. B) buildings. C) premises. D) land.
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Question

Quizplus · Accepted Answer

Land is not depreciated because its value does not decline over time. It is a permanent and fixed asset that has an indefinite useful life. Motor vehicles, buildings, and premises all have a limited useful life and therefore are subject to depreciation over time.

The Asset That Is Not Depreciated Is