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Health Hazard
A condition or material that poses a risk of causing injury, illness, or death to individuals.
Useful Life
The estimated period over which an asset is expected to be functional and economically useful.
Commercial Substance
Involves a situation where the future cash flows of a business are expected to change significantly as a result of a transaction.
Accumulated Depreciation
The total amount of a tangible asset's cost that has been expensed since it was put into use.
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