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Question
As applied to capitalized asset, the distribution of the initial cost by a periodic changes to operation as in depreciation or the reduction of a debt by either periodic or irregular prearranged programs is called ___________________?
Options:
A .  Annuity
B .  Amortization
C .  Capital recovery
D .  Annuity factor
Answer: Option B
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!

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