ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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FULLY DEPRECIATED Definition

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FULLY DEPRECIATED is when an asset has already been charged with the maximum amount of depreciation allowed by the taxing authority for accounting purposes.

 

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ROIC see RETURN ON INVESTED CAPITAL.

USEFUL LIFE is the expected period of time, in years, during which a depreciating asset will be productive.


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