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Depreciation in accounting is the: a.Decrease in fair value of an asset. b.Decrease in selling price of an asset. c.Allocation of an assets cost to

Depreciation in accounting is the:

a.Decrease in fair value of an asset.

b.Decrease in selling price of an asset.

c.Allocation of an assets cost to an expense over time.

d.Change in fair value of an asset.

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