________ is the allocation of the cost of an asset over the assets useful life. a. accrual b. expiration c…

Brief Explanations:

Depreciation is the process of allocating the cost of a tangible asset over its useful life. Accrual is about recognizing revenues and expenses when they are earned or incurred. Expiration usually refers to the end - of - validity of something like a contract or a license. Deferral is the postponement of an accounting recognition.

Answer:

C. Depreciation