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    Survey of Accounting Study Set 7
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    Exam 3: Basic Accounting Systems: Accrual Basis
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    The Reduction in the Ability of a Fixed Asset to Provide
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The Reduction in the Ability of a Fixed Asset to Provide

Question 103

Question 103

Multiple Choice

The reduction in the ability of a fixed asset to provide service over time is called:


A) deferral recognition.
B) depreciation.
C) consolidation.
D) accumulation.

Correct Answer:

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