The process of distributing the cost of an asset over its life is known as
A) licensing.
B) subtracting methods.
C) cost averaging.
D) prepaid expenses.
E) depreciation.

Name: The process of distributing the cost of an asset over its life is known as A) licensing. B) subtracting methods. C) cost averaging. D) prepaid expenses. E) depreciation.
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Question

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The process of distributing the cost of an asset over its life is known as depreciation.

The Process of Distributing the Cost of an Asset Over