Examlex
How is desert different from steppe?
Operating Condition
Refers to the state or circumstances under which a piece of equipment or a system is functioning.
Useful Life
The estimated duration of time that an asset is expected to be usable for the purpose it was acquired, influencing depreciation calculations.
Plant Assets
Long-term tangible assets used in the operations of a business that are not intended for sale.
Natural Resources
Natural resources, including minerals, forests, water, and fertile land, that can be exploited for financial advantages.
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