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University of Phoenix Wk 3 Fixed Asset Life Cycle and Accounting Issues Discussion
A fixed asset typically goes through the life cycle of acquisition, usage, and disposal. For each of these stages of the life cycle, discuss one key accounting issue related to a fixed asset the company must address.
Depreciation methods
Depletion of natural resources
Amortization of intangible assets
Amortization of intangible assets
Asset impairment