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Exam Code: 1V0-71.21PSE

Exam Name: Associate VMware Application Modernization

Certification Provider: VMware

Related Certification: Associate VMware Application Modernization

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NEW QUESTION: 1
Which of the following best describes depreciation?
A. return of principal from real estate investments
B. a tax credit available to investors in heavy equipment
C. capitalized and amortized maintenance costs
D. deductions from gross income to offset lower value of equipment
Answer: D
Explanation:
Explanation/Reference:
Explanation: deductions from gross income to offset lower value of equipment. The cost of equipment is deducted from gross income over the life of the equipment, as its value declines.


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