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Ultimately, the responsibility of the project manager is to:
Comparative Purposes
For comparative purposes entails analyzing financial statements or other data side by side to discern trends, effects of strategies, or performance over time.
Depreciation Expense
A charge that reflects the cost of using fixed assets over their useful life.
Plant Assets
Durable assets with physical form, employed in running a company and not meant for resale.
Year Ended
The conclusion of a 12-month accounting period, at which financial statements are prepared.
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