The Useful Life of an asset refers to the period of time over which we...
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Accounting
The Useful Life of an asset refers to the period of time over which we will record depreciation expense and accumulated depreciation on the asset, and not necessarily how long the asset will physically last. True False 
The Useful Life of an asset refers to the period of time over which we will record
depreciation expense and accumulated depreciation on the asset, and not necessarily
how long the asset will physically last.
True
False
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