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प्रश्न
State whether the given statement is true or false:
‘Unexpected obsolescence is a component of depreciation.’
चूक किंवा बरोबर
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उत्तर
This Statement is false.
Explanation:
Depreciation refers to the normal, gradual wear and tear of fixed assets due to use and the passage of time.
Unexpected obsolescence is a sudden fall in value due to technological change or other unforeseen factors, and it is not treated as a regular component of depreciation.
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