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The term, obsolescence, as it relates to the useful life of an asset, refers to: Maltiple Choice The halfway point of on asset's useful life.

The term, obsolescence, as it relates to the useful life of an asset, refers to:
Maltiple Choice
The halfway point of on asset's useful life.
The process of becoming outdated and no longer used.
The inability of a company's plant assets ro reach its book value.
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