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What is the purpose of the depreciation adjustment for long-lived assets?.

What is the purpose of the depreciation adjustment for long-lived assets?.
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What is the purpose of the depreciation adjustment for long-lived assets?.

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User Hamid Zandi
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Answer: It is done so that it can match the ongoing use of the asset with the economic benefits derived from it.

Step-by-step explanation:

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User Konstantin Salavatov
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