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Which of the following statements about service parts logistics is false?
Double-Declining-Balance Method
An accelerated depreciation method that doubles the normal depreciation rate, reducing the carrying value of an asset more quickly.
Patents
Government-granted exclusive rights to an inventor or assignee for a fixed period of time, in exchange for the public disclosure of an invention.
Tangible Assets
Assets that have physical substance
Trademarks
Symbols, names, or phrases legally registered or established by use as representing a company or product.
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