_____ 15.Depletion is the term used for the cost allocation of wasting assets.

Name: _____ 15.Depletion is the term used for the cost allocation of wasting assets.
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Depletion is the process of allocating the cost of natural resources, such as oil, gas, or minerals, that are being depleted or consumed over time. It is a concept used in accounting to ensure that the cost of these assets is matched to the revenue they generate throughout their useful life.

_____ 15Depletion Is the Term Used for the Cost Allocation of of Wasting