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QUESTION 40 Depreciation, from an accounting viewpoint, can best be thought of as: a. accounting for the physical deterioration of an asset b. writing off
QUESTION 40 Depreciation, from an accounting viewpoint, can best be thought of as: a. accounting for the physical deterioration of an asset b. writing off assets like patents, trademarks, and copyrights c. matching income produced by the depreciable asset with the cost of buying it d. allocating the cost of the depreciable asset to the periods in which it gives service
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