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Which of the following is an example of functional obsolescence in the context of accrued depreciation? Group of answer choices A building experiencing wear and
Which of the following is an example of functional obsolescence in the context of accrued depreciation?
Group of answer choices
A building experiencing wear and tear due to age and weather conditions.
A house's market value decreases due to a downturn in the local economy.
A property is losing value due to a new highway built nearby and increasing noise levels.
An old office building is becoming less desirable because it lacks modern technological infrastructure.
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