Multiple choice

Directions: Choose the correct option for the given question.

______ arises when a machine has to be discarded in favour of one better adopted to its purpose and giving better results.

  1. Depreciation

  2. Appreciation

  3. Replacement

  4. Obsolescence

  5. None of these

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Obsolescence occurs when an asset becomes outdated or inefficient due to technological advancements, even if the asset is still physically functional.