Examlex
The probability of rolling a 3 or 2 on a single die is an example of mutually exclusive events.
Machinery
Tools, equipment, and devices that perform various tasks in the production process, often indicating the fixed assets used in manufacturing or production.
Equipment
Tangible items purchased for use in the production or supply of goods and services, not intended for sale as part of regular operations.
Depreciated
The reduction in the value of an asset over time, often due to wear and tear or obsolescence.
Tax Purposes
Refers to the reasons or motivations behind actions taken or strategies employed to minimize tax liability or comply with tax laws.
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