Which asset is not depreciated?
A)Motor vehicles
B)Buildings
C)Premises
D)Land

Name: Which asset is not depreciated? A)Motor vehicles B)Buildings C)Premises D)Land
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Question

Quizplus · Accepted Answer

Land is not subject to depreciation. This is because land is considered a non-depreciable asset as it does not have any finite useful life. The other options (motor vehicles, buildings, and premises) are subject to depreciation as they have a limited useful life and will eventually need to be replaced.

Which Asset Is Not Depreciated