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It is not possible for a manager to accept an unacceptable project when his/her performance is evaluated using ROI.
Useful Life
The estimated period over which a fixed asset is expected to be usable for the purpose it was acquired.
Leasehold Improvements
Enhancements made to a leased property by the lessee, such as additions or modifications, which typically improve the property's value or utility.
Amortization Expense
Amortization Expense is the gradual recognition of the cost of intangible assets over their useful life, reflecting how these assets contribute to revenue generation over time.
Accumulated Amortization
The total amount that has been amortized or written off for an intangible asset over its useful life up to a specific date.
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