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Which of the following statements is true about localising?
Current Asset Turnover
A financial ratio that measures how effectively a company uses its short-term assets to generate revenue.
Intangible Asset
An asset that lacks physical substance but is identifiable and provides economic benefits to the owner, such as patents or trademarks.
Accumulated Depletion
The total amount of natural resource extraction that has been charged as an expense against a company's earnings.
Natural Resource
Materials or substances occurring in nature that can be exploited for economic gain, such as minerals, forests, and water.
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