Which of the Following Is NOT True Regarding Depletion

Multiple Choice

Which of the following is NOT true regarding depletion?

A) Depletion is the systematic reduction of a natural resource's carrying value on the books.
B) Depletion is computed in a similar manner to straight-line depreciation.
C) Depletion is an expense that applies to the natural resources in the same way depreciation applies to fixed assets.
D) Depletion is an expense that applies to natural resources in the same way amortization applies to intangible assets.