Natural resources are the resources provided by the environment. These exist without the action of humankind. It includes resources like timber, oil, water, gas. These are present in a limited amount. To explain: The process of allocating the cost of natural resources to expenses as they are used.

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Chapter 8, Problem 9DQ

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Introduction: Natural resources are the resources provided by the environment. These exist without the action of humankind. It includes resources like timber, oil, water, gas. These are present in a limited amount.

To explain: The process of allocating the cost of natural resources to expenses as they are used.

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