Examlex
Technology:
Infrastructure Depreciation
The systematic allocation of the cost of infrastructure assets over their useful lives, reflecting the consumption or the wearing out of physical assets like roads, bridges, and utility systems.
Maintenance Costs
Expenses incurred for the upkeep and repair of assets to ensure they remain operational and efficient.
Legally Separate
A state in which entities are distinctly independent in terms of ownership, liability, and legal identity.
Corporate Powers
The legal capacities and rights granted to a corporation by law, allowing it to act as a legal entity for conducting business, entering into contracts, and owning property.
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Q94: _ lets everyone know who is responsible