Termination is the process of "expiring" the cost of a long-term tangible asset over its useful life.

Name: Termination is the process of "expiring" the cost of a long-term tangible asset over its useful life.
Brand: Quizplus
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Quizplus · Accepted Answer

Termination is not the process of "expiring" the cost of a long-term tangible asset over its useful life. Depreciation is the process of gradually expensing the cost of a long-term tangible asset over its useful life. Termination refers to the end of an employment or contractual agreement.

Termination Is the Process of "Expiring" the Cost of a Long-Term