Examlex
Describe the difference between computer input and output devices. Name a specific input and output device.
Allocation
The distribution of a cost or expense across multiple departments, projects, or activities based on a predetermined criterion.
Depletion
The allocation of the cost of natural resources over their useful life, typically used in the mining, timber, petroleum, and similar industries.
Amortization
The process of gradually writing off the initial cost of an intangible asset over a period of time reflective of its useful life.
Depreciation
The distribution of a physical asset's cost across its lifespan, representing its diminishing value as time passes.
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