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The relationship between the passage of time and the value of assets is called:_________
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The relationship between the passage of time and the value of assets is called:_________

User JoshMWilliams
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Answer:

Depreciation

Step-by-step explanation:

Depreciation is the decrease in value of an asset as time goes by. Depreciation is a method used in expensing the cost of an asset.

As time goes on, the value of an asset reduces as a result of wear and tear. this is known as depreciation.

User Bill Mote
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