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Depreciation Is a Process of Valuation of an Asset

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Depreciation is a process of valuation of an asset.


Definitions:

Multivalued Fields

Database fields designed to store more than one value, making them suitable for data items that have multiple attributes or categories.

Lookup List

A functionality that allows users to search for and select a value from a predefined set of data within certain software applications.

Field's Lookup List

A feature in databases where a field is assigned a lookup list, allowing the user to select a value from a predefined set of options instead of typing it.

Dynaset

A dynamic subset of a database that is a result of a query, allowing for data viewing and editing.

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