Process of becoming out of date or obsolete is termed as:

Challenger App

Accounting Concepts , Principles and Accounting standards

No.1 PSC Learning App

★

★

★

★

★

1M+ Downloads

Process of becoming out of date or obsolete is termed as:

ADepreciation

BAmortization

CImpairment

DObsolescence

Answer:

D. Obsolescence

Read Explanation:

.

Read more in App

Related Questions:

A voucher in accounting is:

Wages payable are classified as:

Depreciation is a --- expense.

Why is Denmark known as the “Dairy Farm of Europe”?

The "Summa de Arithmetica" is considered important because it: