WAEC Book Keeping 2025 Theory — Question 14

Question 14 of 40 from the West African Examinations Council (WAEC) Book Keeping 2025 Theory paper, with the correct answer and a full explanation.

Outline four causes of depreciation.

Model answer

i. Physical wear and tear from regular use ii. Obsolescence due to technological advancement iii. Legal or contractual time limits (e.g. leases) iv. Passage of time (effluxion of time)

Sign up free to unlock

Score tracking
Practice history
Saved questions
Progress dashboard
Personalized sessions
Weak-topic breakdown

…and/or go further with premium services and No Ads.

Create free account

More questions from Book Keeping 2025 Theory More Book Keeping past papers