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Types of Depreciation | Physical vs Functional Explained in 60s #chemicalengineering #chemicaladda
Types of Depreciation Depreciation Types Functional depreciation physical depreciation In this short video, we explain the two main types of Depreciation: Physical Depreciation – caused by wear & tear, corrosion, accidents, or natural conditions. Functional Depreciation – caused by obsolescence, change in demand, regulations, or inadequacy ...
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