Consumption of Fixed Capital (or Depreciation) has nothing to do with the efflux of time. (True or False with Reasons).
Consumption of Fixed Capital (or Depreciation) has nothing to do with the efflux of time. (True or False with Reasons).
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False,
The value of fixed assets decreases or depreciates with the passage or efflux of time, even if they are not being put to use in the business.
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