Depletion is the name given to the periodic allocation of the cost extracted natural resources over the period in which the resource produces revenues.

Name: Depletion is the name given to the periodic allocation of the cost extracted natural resources over the period in which the resource produces revenues.
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Depletion is the periodic allocation of the cost of natural resources over the period in which the resource produces revenues. This process is used for accounting and tax purposes.

Depletion Is the Name Given to the Periodic Allocation of the Cost