Straight-line amortization emphasizes that the service value of the asset declines primarily as a function of:

Name: Straight-line amortization emphasizes that the service value of the asset declines primarily as a function of:
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Straight-line amortization assumes that the service value of an asset declines primarily over time, regardless of the amount of use or maintenance policies. This is because the asset will eventually wear out or become obsolete due to the passage of time.

Straight-Line Amortization Emphasizes That the Service Value of the Asset