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2. Shouldn't Be Confused for Depreciation and Depletion

Amortization is similar to two processes called depreciation and depletion, which are required to comply with the matching principle as well. While amortization relates to intangible assets, depreciation to tangible assets, and depletion to natural resources. As a result, there are enough differences between them that businesses must not mistake one for the other in spite of the superficial likenesses.

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