Georgia Assessments for the Certification of Educators GACE Practice Test

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Which of the following types of assets would not be subject to depreciation?

  1. Company vehicles

  2. Computers

  3. Heavy equipment

  4. Real estate

The correct answer is: Real estate

Real estate is the correct answer because it is considered a non-depreciable asset. In accounting, depreciation is the process of allocating the cost of a tangible asset over its useful life. Assets like company vehicles, computers, and heavy equipment are subject to depreciation because they have a limited useful life and their value decreases over time. However, real estate is typically considered to have an unlimited useful life and its value can even appreciate over time, making it a non-depreciable asset.

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