Examlex
The perceived likelihood that performance will be followed by a particular outcome is referred to as
Depreciation Expense
The allocated amount of an asset's cost over its useful life, representing how much of the asset's value has been used in a given fiscal period.
Depletion Expense
The allocation of the cost of natural resources, such as minerals or timber, over their productive life.
Accumulated Depletion
This refers to the total amount of natural resources that have been used up or extracted over time, such as minerals or oil, reflected in financial accounts.
Mineral Deposit
A naturally occurring concentration of minerals that can be extracted economically.
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