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3).... Like other assets, the cost of a leasehold improvement is allocated as depreciation expense over its useful life to the lessee, which will be:

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Like other assets, the cost of a leasehold improvement is allocated as depreciation expense over its useful life to the lessee, which will be: Multiple Choice The physical life of the asset. The lease term. The shorter of the physical life of the asset or the lease term. A time period determined by management

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