Examlex
Which of these doesn't belong with the others?
Land Improvements
Enhancements made to a parcel of land to increase its value or usability, such as landscaping, paving, or installation of utilities, which are typically considered depreciable assets.
Personal Property
Assets that are movable and not permanently attached to one location, including tangible items like furniture and intangible entities like intellectual property.
Units-of-Activity Method
A depreciation method where the expense is based on the number of hours used or units produced by an asset, rather than the passage of time.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, reflecting wear and tear, deterioration, or obsolescence.
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