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How are amortization and depreciation similar? A. They are methods of recognizing the cash used in maintaining an asset. B. They are both applications of

How are amortization and depreciation similar?

A. They are methods of recognizing the cash used in maintaining an asset.

B. They are both applications of the matching concept.

C. They are both methods of adjusting the cost of an asset to its market value.

D. Their calculations always involve allocations based on time.

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