An example of functional depreciation is:

Name: An example of functional depreciation is:
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Functional depreciation refers to a loss in value due to factors that make the property less functional or desirable, such as outdated or inadequate facilities. Electrical conduits that are too small for modern computer-based wiring needs in an office building are an example of this, as they make the building less suitable for current technological requirements.

An Example of Functional Depreciation Is