Which of the Following BEST Describes Depreciation

Multiple Choice

Which of the following BEST describes depreciation?

A) The process of increasing the value of fixed assets over time
B) The process of deducting operating expenses from the value of fixed assets
C) The process of reducing the value of fixed assets over time
D) The process of distributing the cost of liabilities over time
E) The process of distributing the cost of intangible assets over time