What is KPIs, and what is depreciation

Question

Accepted Answer

KPIs are key performance indicators that measure the success of a business. Depreciation is the decrease in value of an asset over time.

KPIs are used to track progress towards specific goals and objectives
Examples of KPIs include revenue growth, customer satisfaction, and employee turnover rate
Depreciation is a non-cash expense that reflects the wear and tear of an asset over time
Examples of assets that can be depreciated include buildings, vehicles, and equipment
Depreciation is important for calculating the true cost of an asset over its useful life