Which of the following does not lead to depreciation assets?
Answer Details
Devaluation of Naira does not lead to depreciation of assets.
Depreciation is a decrease in the value of an asset over time due to various factors, including wear and tear, obsolescence, usage, and the passage of time. However, devaluation of the currency in which an asset is denominated does not directly impact the physical or functional attributes of the asset. Devaluation of currency can affect the relative value of assets in terms of their purchasing power, but it does not cause physical deterioration or obsolescence of the asset itself.
Therefore, the correct answer is "devaluation of Naira."