Examlex
What are the limitations to the Fed's independence?
Depreciation
Spreading out the cost of a tangible asset systematically over its life of service.
Property Plant
Long-term physical assets owned by a company, such as buildings and machinery, used in operations to generate revenue.
Intangible Assets
Non-physical assets owned by a business, such as patents, trademarks, and copyrights, that have economic value.
Office Equipment
Long-term assets used in an office for the business operations, such as computers, desks, and chairs.
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