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An increase in the value of fixed asset is referred to as:
  • a)
    Reserve depreciation
  • b)
    Appreciation
  • c)
    Purchase of Asset
  • d)
    Market capitalization
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
An increase in the value of fixed asset is referred to as:a)Reserve de...
An increase in the value of fixed asset is referred to as Appreciation. Appreciation, in general terms, is an increase in the value of an asset over time. The increase can occur for a number of reasons, including increased demand or weakening supply, or as a result of changes in inflation or interest rates.
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Most Upvoted Answer
An increase in the value of fixed asset is referred to as:a)Reserve de...
It should be appreciation as it is increase in value only. Purchase will result in incr in qty also.
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Community Answer
An increase in the value of fixed asset is referred to as:a)Reserve de...
Appreciation.... when appreciation apply supposed that u purchase an item and after purchase price increased.
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An increase in the value of fixed asset is referred to as:a)Reserve depreciationb)Appreciationc)Purchase of Assetd)Market capitalizationCorrect answer is option 'C'. Can you explain this answer?
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