The correct answer is: D. Tangible asset.
Depreciation is the process of allocating the cost of an asset over its useful life. It is a non-cash expense that is used to account for the decline in the value of an asset over time. Tangible assets are physical assets that have a useful life of more than one year. Examples of tangible assets include buildings, equipment, and vehicles.
Current assets are assets that are expected to be converted into cash or used up within one year. Examples of current assets include cash, accounts receivable, and inventory.
Intangible assets are assets that do not have physical substance. Examples of intangible assets include patents, trademarks, and goodwill.
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