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    Core Concepts of Accounting
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    Exam 6: Long-Term Assets: Property, Plant Equipment and Intangibles
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    Allocating the Cost of Natural Resources to the Periods These
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Allocating the Cost of Natural Resources to the Periods These

Question 72

Question 72

Multiple Choice

Allocating the cost of natural resources to the periods these assets provide economic benefit to an entity is called


A) amortization.
B) depletion.
C) depreciation.
D) deterioration.
E) degradation.

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