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24 November, 02:24

The periodic expensing of an asset over the property's theoretical economic life is referred to as what

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  1. 24 November, 02:54
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    The periodic expensing of an asset over the property’s theoretic economic life is known as the depreciation. Depreciation occurs when there is a presence of the utility’s loss and in the same time, there is a physical deterioration or economical obsolesce that causes a value or that both may occur in the same time.
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