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  3. depreciation is defined as an adjustment intended

Depreciation is defined as an adjustment intended to match expenses for plant assets to the...

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Accounting

Depreciation is defined as
an adjustment intended to match expenses for plant assets to the revenue
generated by those assets.
All of these.
an allocation of an asset's cost less salvage value over the expected useful life.
an adjustment for the gradual wear and tear of an asset.
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