Examlex
INSTRUCTIONS for questions 91-99: Identify each of the following statements as fact or inference.
-Your children are disruptive.
Property Taxes
Taxes assessed on real estate by local government, based on the property's assessed value.
Depreciation
The accounting method of allocating the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.
Maintenance
The routine tasks and repairs conducted to keep equipment, buildings, or machinery in working order and prevent its deterioration.
Utilities
Services provided to the public or households such as water, electricity, natural gas, sewage treatment, and telecommunications, often subject to government regulations and possibly eligible for tax deductions in certain business contexts.
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