Accountancy, asked by sakshamdhir642, 3 months ago

Explain the term obsolescence

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Answered by AnshPratihar

Answer:

Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained, required, or degraded even though it may still be in good working order. ... Typically, obsolescence is preceded by a gradual decline in popularity.

Answered by anshika195358

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