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As the world grows smaller economically and technology increases, the chances of having contact on the job with people from other cultures decreases.
Tangible Assets
Assets that have a physical form such as machinery, buildings, and land.
Intangible Assets
Assets that have special rights but not physical substance
Physical Substance
A characteristic of an asset that consists of material existence; tangible assets that can be seen, touched, or quantified.
Depletion
Systematic and rational allocation of the cost of a natural resource over the period of its exploitation
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