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Why Is Land Classified Separately from Other Tangible Long-Term Assets

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Why is land classified separately from other tangible long-term assets?


Definitions:

City Council

An elected or appointed body that governs a city, town, municipality, or local government area, making decisions on local laws, policies, and budgets.

Republicans

A member or supporter of the Republican Party, one of the two major political parties in the United States.

Democrats

A member or supporter of the Democratic Party, one of the two major contemporary political parties in the United States.

Independent

A term in statistics that implies no relationship between two variables, such that the occurrence of one does not affect the probability of occurrence of the other.

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