Depreciation, from an Accounting Viewpoint, Can Best Be Thought of As

Multiple Choice

Depreciation, from an accounting viewpoint, can best be thought of as:

A) accounting for the physical deterioration of an asset.
B) writing off assets like patents, trademarks, and copyrights.
C) matching the carrying value of the asset with the estimated net realizable value of the asset.
D) allocating the cost of the asset to the periods in which it gives service.