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The term useful life in the fixed asset ledger is considered to be useful to the preparer and the user because it ________________ . Group
The term useful life in the fixed asset ledger is considered to be useful to the preparer and the user because it ________________ .
Group of answer choices
A. tells how long the asset is expected to be used until it is sold
B. the number of years it will be used before it is retired
C. tells the accountant the depreciation period the assets will be depreciated over
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