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The Orlando Utilities Commission uses a computerized maintenance management program and devotes significant dollar and labor resources to power plant maintenance, because the costs of unexpected failure are incredibly high.
Natural Resources
Materials or resources found in the natural environment that are considered valuable in their natural form, such as timber, oil, and minerals.
Depletion Expense
The allocation of the cost of natural resources over their productive life, reflecting the reduction in the availability of resources as they are extracted or consumed.
Depletion Expense
The allocation of the cost of natural resources, such as minerals, oil, or timber, over their productive life.
Salvage Value
Salvage value is the estimated residual value of an asset at the end of its useful life, determining how much it can be sold for or disposed of.
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