At the government-wide level, governments must depreciate inexhaustible assets, such as land, works of art, or historical treasures.

Name: At the government-wide level, governments must depreciate inexhaustible assets, such as land, works of art, or historical treasures.
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Inexhaustible assets such as land, works of art, or historical treasures are not depreciated because they are considered to have an indefinite useful life and their value does not typically diminish over time.

At the Government-Wide Level, Governments Must Depreciate Inexhaustible Assets, Such