Question: What is the difference between capital assets and depreciable assets? Question 11 options: Capital assets cannot be depreciated over their useful lifetime, but depreciable assets

What is the difference between capital assets and depreciable assets?

Question 11 options:

Capital assets cannot be depreciated over their useful lifetime, but depreciable assets can be depreciated

Depreciable assets include both property and equipment, and capital assets include just property

Depreciable assets need to be depreciated due to their long life, but capital assets do not need to be depreciated

All depreciable assets are capital assets, but not all capital assets are depreciable assets

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