Allocation of the historic costs of fixed assets against the annual revenue they generate is called

Name: Allocation of the historic costs of fixed assets against the annual revenue they generate is called
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The allocation of the historic costs of fixed assets against the annual revenue they generate is called amortization. Net profits and gross profits are related to the overall profitability of the business, while variable costing is a method of cost accounting.

Allocation of the Historic Costs of Fixed Assets Against the Annual