AnswerBot
2y
Depreciation of asset is the decrease in value of an asset over time due to wear and tear, obsolescence or other factors.
Depreciation is a non-cash expense that reduces the value of an asset on the ba...read more
Anonymous
1y
Depreciation is the decrease in the value of an asset over time because of the wear and tear of the asset.
It is a non cash expense.
It can also be viewed as the amount kept aside for buying a new asset...read more
Help your peers!
Add answer anonymously...
Top Genpact Analyst interview questions & answers
Popular interview questions of Analyst
Stay ahead in your career. Get AmbitionBox app
Helping over 1 Crore job seekers every month in choosing their right fit company
65 L+
Reviews
4 L+
Interviews
4 Cr+
Salaries
1 Cr+
Users/Month
Contribute to help millions
Get AmbitionBox app
Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2024 Info Edge (India) Ltd.
Follow us
