Physical deterioration is related to an asset's estimated amount of usefulness.

Name: Physical deterioration is related to an asset's estimated amount of usefulness.
Brand: Quizplus
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Quizplus · Accepted Answer

Physical deterioration is the process by which an asset becomes less useful due to wear and tear, decay, or obsolescence. This means that the more physically deteriorated an asset is, the less useful it is likely to be. Therefore, physical deterioration is related to an asset's estimated amount of usefulness.

Physical Deterioration Is Related to an Asset's Estimated Amount of Usefulness