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What is the difference between obsolence cost and deteroration cost?

Anonymous

∙ 12y ago

Updated: 9/21/2023

Obsolence cost is that cost which is incurred by company due to obsolence of any assets of business while deteroration cost is the cost which is incurred by small deteroration of any asset of business.

Wiki User

∙ 12y ago

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What is deterioration cost?

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