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The allocation of a plant asset's cost to expense over its useful life is called ________.
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The allocation of a plant asset's cost to expense over its useful life is called ________.

User Tracee
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Answer:

Depreciation

Step-by-step explanation:

Depreciation is the process of allocating to expense the cost of a plant asset over its useful (service) life in a rational and systematic manner.

User Undefined Variable
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